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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />JUNE 20, 2011 <br />TITLE: <br />AGREEMENT WITH ANR HOMES, INC. <br />FOR THE IMPLEMENTATION OF THE <br />NEIGHBORHOOD STABILIZATION <br />PROGRAM 3 <br />CITY MA GER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />? As Recommended <br />? As Amended <br />? Ordinance on 151 Reading <br />? Ordinance on 2"d Reading <br />? Implementing Resolution <br />? Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />Authorize the City Manager and the Clerk of the Council to execute the attached agreement with <br />ANR Homes, Inc. for implementation of the Neighborhood Stabilization Program 3 activities in an <br />amount not to exceed $1,317,703 plus program income, subject to non-substantive changes <br />approved by the City Manager and City Attorney. <br />COMMUNITY REDEVELOPMENT AND HOUSING COMMISSION ACTION <br />At its regular meeting on June 7, 2011, by a vote of 4:0 (Verino absent), the Community <br />Redevelopment and Housing Commission approved the recommended action. <br />DISCUSSION <br />The Dodd-Frank Act appropriated $1 billion for a third round of Neighborhood Stabilization (NSP 3) <br />funds to be directly allocated to states and localities to stabilize neighborhoods that have been <br />impacted by foreclosed or abandoned properties. Based on the funding distribution formula <br />established by the U. S. Department of Housing and Urban Development (HUD), Santa Ana has <br />been allocated $1,464,113. In order for a property to be eligible for this funding, the lender must <br />have initiated the foreclosure process. The City will use its funds to acquire, rehabilitate, and resell <br />to qualified homebuyers. <br />On February 28, 2011, the City released a Request for Proposals (RFP) soliciting proposals for <br />entities to assist in the implementation of the NSP 3 activities. Notice of the RFP's availability was <br />mailed and emailed to 112 development firms who have expressed interest in housing-related <br />RFPs. It was also noticed on the City's website and in the Orange County Reporter on February <br />28, 2011. A total of three proposals were received by the April 7, 2011, deadline of which two <br />were considered responsive. The proposals were reviewed on May 3, 2011, by a team of three, <br />including one staff person from the City of Long Beach. Proposals were scored in the following <br />areas: Lead and Team Experience, Proposed Budget and Timeline, and Developer Fee. Because <br />of the strict timelines imposed by HUD, the greatest weight was placed on experience in <br />25D-1