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A resolution amending Resolution RS2022-1860, as amended, and Substitute Resolution RS2021-1260, to reallocate American Rescue Plan Act Funds to the Strobel Center.
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WHEREAS, Resolution RS2022-1860, as amended, and Exhibit A, attached thereto, originally allocated $9,500,000 in American Rescue Plan Act Funds to the Housing Division of the Metropolitan Planning Department for Collective or Shared Equity Housing Development; and,
WHEREAS, some of these funds have been spent, but the Planning Department has recognized that some of these funds would be better utilized in other endeavors; and
WHEREAS, it is desirable to reallocate $300,000 of these funds to the Strobel Center, to be used for supportive services and operating expenses; and,
WHEREAS, Substitute RS2021-1260 and Exhibit A attached thereto, originally allocated $200,000 in American Rescue Plan Act Funds to the Housing Division of the Metropolitan Planning Department to create a centralized database of subsidized housing; and,
WHEREAS, after researching the options, there does not seem to be a platform that meets the Planning Department needs or does not conflict with other efforts underway by the Office of Homeless Services or THDA; and,
WHEREAS, it is desirable to reallocate that $200,000 to the Strobel Center, to be used for supportive services and operating expenses; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that all of these funds be reallocated in the manner described above.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. The Metropolitan Council accepts this resolution as a recommendation of the COVID-19 Financial Oversight Committee.
Section 2. That Resolution RS2022-1860, as amended, and Exhibit A, attached thereto is hereby amended by reallocating $300,000 in American Rescue Plan Act Funds to the Strobel Center.
Section 3. That Substitute Resolution RS2021-1260 and Exhibit A attached thereto, is hereby amended by reallocating $200,000 in American Rescue Plan Act Funds to the Strobel Center.
Section 4. That this Resolution shall take effect from and after its adoption, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.
Agenda Analysis
Analysis
This resolution amends Resolution No. RS2022-1860 and Substitute Resolution No. RS2021-1260 to reallocate a total of $500,000 of American Rescue Plan (“ARP”) funds to the Strobel Center for supportive services and operating expenses.
RS2022-1860 allocated $10,000,000 to the Housing Division of the Metropolitan Planning Department to increase homeownership opportunities and housing security for populations with historical barriers and demonstrated inequities in homeownership. The Planning Department has recognized that $300,000 of those funds would be better allocated for other purposes. The resolution under consideration would amend Exhibit A of RS2022-1860 to allocate $300,000 to the Strobel Center.
RS2021-1260 allocated $200,000 to the Housing Division of the Metropolitan Planning Department to create a centralized database for subsidized housing. After further research, no platform appears to meet the needs of the Planning Department or does not conflict with other efforts from the Office of Homeless Services or the Tennessee Housing Development Agency. The resolution under consideration would amend Exhibit A of RS2021-1260 to allocate $200,000 to the Strobel Center.