Title
Authorization to Allocate Program Proceeds from the Former HUD Rental Rehabilitation Program and Enter into a Loan Agreement with St. Matthew’s Catholic Church for Capital Improvements at Casa Guadalupana, District 3, Ward 2
Body
WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul (“HRA”) recognizes the problems created by homelessness and the need to improve existing supportive housing facilities that serve very-low income residents of Saint Paul; and
WHEREAS, the HRA has program income from the former HUD Rental Rehabilitation Program available that can finance supportive housing capital improvement projects; and
WHEREAS, Casa Guadalupana (“Casa”), a Minnesota non-profit corporation, provides emergency shelter to homeless Latina women and families at a facility (the “Facility”) leased from St. Matthew’s Catholic Church (the “Church”); and
WHEREAS, Casa proposes to install capital improvements at the Facility in order to ensure safe environments for homeless families and upgrade energy preservation equipment, and the Church supports Casa’s proposal and has agreed to permit the improvements to the Facility, to execute loan documents with the HRA and to permit the Facility to be used as security for the loan, as provided in the attached staff report; and
WHEREAS, the HRA recognizes that capital improvements proposed by Casa are eligible expenditures of program income from the former HUD Rental Rehabilitation Program.
NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota as follows:
1. That HRA hereby allocates $127,161 of program income from the former HUD Rental Rehabilitation Program for the installation of capital improvements at the Facility to ensure safe environments and reduce energy costs; and
2. That the Executive Director is hereby authorized to enter into a Loan Agreement with the Church and negotiate contractual terms and conditions necessary for the ...
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