Title
AmeriNational Community Services LLC dba AmeriNat
Description
For $200,000 in payment authority for a new contract, entered on or about May 1, 2024, for a term of five years for loan services for the Housing Department. The Housing Department is responsible for approximately 98 loans for affordable multifamily rentals, special needs housing, and home ownership financial assistance programs, which are managed by a financial institution. Services include but are not limited to collections, account monitoring, cash-flow analysis, delinquency monitoring, forbearance plans, online account services, loan subordination, and other loan portfolio management services. These loans are generally financed with federal funds. There is no impact to the General Fund.