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Parlier OKs Self Help Enterprises to administer $3 million CalHome award, includes administrative fee
Summary
Council approved a contract with Self Help Enterprises to administer the city’s 2023 CalHome loan/grant award (total $3,000,000). Staff said the agreement carries a $60,000 startup fee and a portfolio servicing fee of $12–$15 per loan per month.
The Parlier City Council voted to allow the city to enter into an agreement with Self Help Enterprises to administer and manage a 2023 CalHome award totaling $3,000,000, the city’s staff reported Thursday.
City staff and the recommended partner told the council Self Help Enterprises has experience administering similar programs for other jurisdictions and is able to provide loan processing, compliance and reporting required by the state. Staff said the city lacks the internal staffing expertise…
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