RFP - To Provide Housing Services to Administer the Owner-Occupied Home Repair Program and the Firs

Background
The City of South El Monte, an industrial community incorporated in 1958 with approximately 21,000 residents, is seeking proposals for the administration of its Owner-Occupied Home Repair Program and the First-Time Home Buyer Program.

The goal of this contract is to effectively utilize grant funds from the CalHome Reuse account and Permanent Local Housing Allocation (PLHA) to assist residents with home repairs and down payment assistance. This initiative aims to enhance the community's infrastructure and support future funding cycles for housing programs.

Work Details
The selected contractor will administer the Owner-Occupied Home Repair Program and the First-Time Homebuyer Loan Program. Responsibilities include:
1. Assigning a representative to work closely with the City’s representative.
2. Providing monthly updates on housing rehabilitation projects and first-time homebuyer applications.
3. Ensuring compliance with program guidelines, reporting, and disbursement procedures.
4. Familiarity with single-family residential construction improvements, preparing detailed work write-ups, reviewing income documentation for applicant qualification, preparing residential construction contracts, deeds of trusts, and reviewing contractor invoices.
5. Experience in loan processing, appraisals, and underwriting services is required.
6. Maintaining accurate documentation that meets or exceeds funding source requirements.

Period of Performance
The City intends to enter into a three-year agreement with the selected firm, with annual performance reviews to determine continuation of services for subsequent years.

Place of Performance
The contract will be performed in South El Monte, California.