Title
Rental Rehabilitation Program Project Awards (Ordinance S-48064)
Description
Request to authorize the City Manager, or his designee, to enter into necessary agreements with the property owner, Mark Mazzucco, and other agreements as necessary, for the completion of construction activities at 2912 E. Roeser Road, under the Rental Rehabilitation Program. Further request to authorize the City Controller to disburse funds up to $120,000.
Report
Summary
On March 17, 2021, City Council approved expanding the Rental Rehabilitation Program to facilitate the preservation of existing single- and multi-family rental properties. The program focuses on addressing structural, safety, and health related standards to ensure the property is habitable and maintains its affordability. In this manner, the Rental Rehabilitation Program supports the Housing Phoenix Plan's vision of utilizing innovative and solution-oriented policies to address housing challenges citywide.
Eligible properties include single- and multi-family rental properties of up to 24 units, occupied by, or set aside for low- and moderate-income tenants. Financial assistance of up to $40,000 per unit, with a maximum project award of $400,000, is available to property owners to complete renovation projects on their deteriorating property.
On a monthly basis, staff analyze applications for eligibility before the review panel's evaluation; the panel is comprised of City staff and external affordable housing/rental property management industry experts. On Sept. 16, the panel recommended award of up to $120,000 to improve a tri-plex located at 2912 E. Roeser Road.
Location
Council District: 8
2912 E. Roeser Road.
Financial Impact
This program is funded by the Community Development Block Grant; there is no impact to the General Fund.
Concurrence/Previous Council Action
The Community and Cultural Investment Subcommittee recommended approval of this item on Oct. 6, 2021, by a 3 to 0 vote.
Department
Responsible Department
This item is submitted by Deputy City Manager Gina Montes and the Neighborhood Services Department.