Meetings / Aug 22, 2012 / Item 32B

Item 32B

approved contract consent calendar late item

Aug 22, 2012

Description

Authorize to enter into a memorandum of agreement with the NH Housing Finance Authority, Manchester, NH, in the amount of $2,500,000 which will be issued in the form of grants to HUD certified counseling agencies within the state to provide services related to foreclosure prevention, credit and debt counseling, and postforeclosure issues. (2)Further authorize to enter into contracts for the purpose of providing greater access to legal services for homeowners facing foreclosures with: NH Legal Assistance, Concord, NH, in the amount of $1,558,084; Legal Advice Referral Center, Concord, NH, in the amount of $1,172,407; and NH Bar Association Legal Services (Pro Bono Referral Program), Concord, NH, in the amount of $769,509. Effective September 15, 2012 through September 14, 2015. 100% Agency Income (Mortgage Settlement). Contingent upon the approval of the acceptance and expenditure authority of funding by the Fiscal Committee.

Amount
$2.5M
$2,500,000, $1,558,084, $1,172,407, $769,509
Department
STATE TREASURY
Vendor
NH Housing Finance Authority
Manchester, NH
Funding Source
100% Agency Income (Mortgage Settlement)
Vote Record approved
Motion by St. Hilaire, seconded by Sununu
Raymond Burton (R) yes
Daniel St. Hilaire (R) yes
Christopher Sununu (R) yes
Raymond Wieczorek (R) yes
Dave Wheeler (R) yes
Related Sub-Items (6)
32
Authorize to enter into a sub grant with the City of Manchester, totaling $5,792 from the Violence Against Women Formula Grant, for the purpose of providing services for women in NH who are victims of
$5,792 approved
32
Authorize to enter into a sub grant with the City of Manchester, totaling $5,792 from the Violence Against Women Formula Grant, for the purpose of providing services for women in NH who are victims of
$5,792 tabled
32
Authorize to enter into a sub grant with the City of Manchester, totaling $5,792 from the Violence Against Women Formula Grant, for the purpose of providing services for women in NH who are victims of
$5,792 tabled
32A
Authorize to accept and expend funds in the amount of $6,504,769 from the National Mortgage Settlement for the purposes of providing direct and indirect assistance to distressed homeowners and for inc
$6.5M approved
32A
Authorize to accept and expend funds in the amount of $6,504,769 from the National Mortgage Settlement for the purposes of providing direct and indirect assistance to distressed homeowners and for inc
$6.5M tabled
32A
Authorize to accept and expend funds in the amount of $6,504,769 from the National Mortgage Settlement for the purposes of providing direct and indirect assistance to distressed homeowners and for inc
$6.5M tabled
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