To: Dr. Beverly Brown, Community & Economic Development Committee Chairperson
From: Derek Bradshaw, Director
title
RE: Approval of a purchase order for budgeted property acquisition costs during FY 2026
recommendation
BOARD ACTION REQUESTED:
Approval to authorize a purchase order for budgeted property acquisition costs during FY 2026.
BACKGROUND:
The purchase order covers costs for the Genesee County Lank Bank to acquire and hold properties for GCMPC under the Neighborhood Stabilization Program (NSP) and the Neighborhood Purchase Rehab Resale Program (NPRR). The funds will be utilized to reimburse the Land Bank for acquiring properties. The amounts are from funds that are in the proposed FY 2026 budget.
DISCUSSION:
The Land Bank acquires properties that GCMPC then rehabilitates using NSP and NPRR funds. Once complete, the homes are sold to eligible low to moderate income residents.
IMPACT ON HUMAN RESOURCES:
There will be no impact on Human Resources.
IMPACT ON BUDGET:
All costs will be covered by HUD grant funds (CDBG, HOME, NSP).
IMPACT ON FACILITIES:
There will be no impact on Facilities.
IMPACT ON TECHNOLOGY:
There will be no impact on Technology.
CONFORMITY TO COUNTY PRIORITIES:
The Neighborhood Stabilization Program (NSP) and the Neighborhood Purchase Rehab Resale Program (NPRR) conform with Genesee County's priority of creating healthy, livable, and safe communities by purchasing and then rehabilitating vacant and foreclosed properties throughout the County. The homes are then sold to low-to-moderate income households.
resolution
TO THE HONORABLE CHAIRPERSON AND MEMBERS OF THE GENESEE COUNTY BOARD OF COMMISSIONERS, GENESEE COUNTY, MICHIGAN
LADIES AND GENTLEMEN:
BE IT RESOLVED, by this Board of County Commissioners of Genesee County, Michigan, that the request by the Director of Planning to authorize an expenditure and Purchase Order to the Genesee County Land Bank, in an amount not to ...
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