Title
Dept/ Agency: Department of Economic & Housing Development
RATIFYING / AUTHORIZING
Type of Service: Accept & expand grant monies / Enter into Contract
Purpose: Neighborhood Stabilization Program (NSP) grant, finance, purchase and rehabilitate vacant abandoned and foreclosed homes and to redevelop vacant and demolished properties in the target areas
Entity/Funding Source: U.S. Department of Housing and Urban Development (HUD)
Grant Amount: $3,406,849.00
Contract Period: Not to exceed 18 months from the contract execution date of March 18, 2009
Contract Basis: Bid ___ Prof. Ser. ___ EUS ___ Grant X
Fair & Open ___ Non-Fair & Open ___ RFP ___ RFQ ___
Additional Comments: N/A
Invitation: Director of Economic & Housing Development, May 5, 2009