04-254Council File # �7 � �S
Resolution #
Green Sheet # Q� �5
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Presented By
RESOLUTION
CITY OF SAINT PAUL, MINNESOTA
� / (�
Referred To Committee: Date
W I�EREAS, as a HUD-approved housing counseling agency, the Saint Paul Department of Plamiing and
Economic Development (PED) administers the Mortgage Foreclosure Prevention Program which provides
mortgage foreclosure prevention counseling to Saint Paul homeowners who have mortgage delinquencies and
mortgage defaults;
WHE1tEAS, PED's Mortgage Foreclosure Prevention Program provided mortgage foreclosure prevention
counseling to 487 homeowners facing mortgage defaults in 2003; and
WHEREAS, the Mortgage Fareclosure Prevention Program also participates with the Family Housing Fund's
Don't Borrow Trouble Campaign, which is an educational initiative to combat predatory real estate practices;
and
NOW BE IT RESOLVED, that the Council of the City of Saint Paul authorizes the Saint Paul Department of
Planning and Economic Development to accept a$30,000 housing counseling grant agreement with the U.S.
Departrnent of Housing and Urban Development (I�IJD) and execute the necessary grant agreements for the
purposes of providing mortgage foreclosure prevention counseling to Saint Paul homeowners.
Requested by Department of:
V y_
Approved by
By:
Fosm Approved by
Adoption Cer
By:
Approved by
By:
Sesvices
for �ubmiss' � cil
Adopted by Council: Date ��/J �i � o?/�Ory�
� Green Sheet Green
D�-as�{
Sheet Green Sheet Green Sheet Green Sheet Green Sheet �
�
' Uepartmentloffice/council: ; Date Initiated:
' PE - P��ning&EconomicDevelopment ;,�FEB� �; Green Sheet NO: 3011855
� Contact Person 8 Phone: i
Jce Collins
' 266-6020 j
, Must Be on Council Agenda by (Date): i
i
� i Ueoartment Sent To Person I�itiaVDate
i 0 �Planoiue & Ec000mic Develoo T. Mever �b�- t t7
ASSi$n i 1 ' lanni� & Economic Develou A. Filice �
Numbe� 2 �ptanoine & Economic Develoo M. Fuller i
For � f
Routing ' 3 'CiN Attomev P. McCaIUJ. Kellv
O�der I 4 auncil D. Bostrom �
� 5 �Financial Services M. Smith
� 6 Tlanninz & Economic Develoo J. Collins '
Total # of Signature Pages _(Clip All Locations for Signature)
� PED xequests authorization to execute a housing counseling grant ageement wiffi U.S. Department of Aousing and Urban
� Development (HiID) in the amount of $30,000 for PED's Mortgage Foreclosure Prevention Program.
Recommendations: Aoorove (A1 or
Planning Commission
Cle Committee
Civil Service Commission
1. Has this person/firtn ever worked under a contract for this departmenY?
Yes No
2. Has this person/firm ever been a city employee?
Yes No
3. Does this personffirm possess a skill not normally possessed by any
current city employee?
Yes No
Explain all yes answers on separate sheet and attach to green sheet
I Initiating Problem, issues, Opportunity (Who, What, When, Where, Why):
Criven the current economic times, many Saint Paul homeowners have mortgage payment delinquencies and mortgage foreclosure
I defaults. In response, as a HLJD-approved housing counseling agency, PED admiuisters the Mortgage Foreclosure Prevention
� Proo am which provides mortgage foreclosure counseling services and limited emergency assistance loans to Saint Paul homeowners
, facing mortgage foreclosures.
AdvanWpes If Approved:
If approved, PED's Mortgage Foreclosure Prevention Program may accept a HUD housing counseling grant in the amount of $30,000.
DisadvanWqes If Approved:
None
- ,_
�J
Disadvantaqes If Not Approved:
If not approved, PED would not receive a$30,000 HiID housing counseling grant. ���� �������
I Amount of
Transaction:
Fundinq source: HUD - Housing Grant
Financial information:
(Explain)
CostlRevenue Budgeted:
ActivitvNumber: GL-117-26523-3015�
I�,.