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A resolution approving the Fourth Amendment to a grant contract for constructing affordable housing approved by RS2022-1857 between the Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Housing Trust Fund Commission, and Woodbine Community Organization (WCO), Inc.
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WHEREAS, The Metropolitan Government of Nashville and Davidson County (“Metro”), acting by and through the Metropolitan Housing Trust Fund Commission, previously entered into a grant contract with Woodbine Community Organization (WCO), Inc., for the express purpose of constructing affordable housing approved by RS2022-1857; and,
WHEREAS, Metro, acting by and through the Metropolitan Housing Trust Fund Commission, and Woodbine Community Organization (WCO), Inc., executed a First Amendment to said grant contract on May 16, 2023, to clarify the scope of the contract, which amendment was approved by RS2023-2168; and,
WHEREAS, Metro, acting by and through the Metropolitan Housing Trust Fund Commission, and Woodbine Community Organization (WCO), Inc., executed a Second Amendment to said grant contract on September 17, 2024, to extend the term of the contract and increase the number of units, which amendment was approved by RS2024-711; and,
WHEREAS, Metro, acting by and through the Metropolitan Housing Trust Fund Commission, and Woodbine Community Organization (WCO), Inc., executed a Third Amendment to said grant contract on October 9, 2025, to extend the term of the contract and updating the draw schedule, which amendment was approved by RS2025-1527; and,
WHEREAS, the parties wish to amend this grant contract by extending the term of the contract by an additional twelve months; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that the amendment to the grant contract be approved.
NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That this Fourth Amendment to the grant contract for constructing affordable housing between The Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Housing Trust Fund Commission, and Woodbine Community Organization (WCO), Inc., a copy of which is attached hereto and incorporated herein, is hereby approved, and the Metropolitan Mayor is hereby authorized to execute the same.
Section 2. 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 approves the fourth amendment to a grant contract between the Metropolitan Housing Trust Fund Commission and Woodbine Community Organization, Inc. (“WCO”), as approved by Resolution No. RS2022-1857.
The original grant agreement was approved on November 15, 2022, with a term extending until the completion of the project or no later than 24 months after the execution of the agreement. Under the original agreement, 60 units of affordable housing would be built at 6962 Highway 70s.
The first grant amendment was approved through Resolution No. RS2023-2168 and added the address 3545 Dickerson Pike to the property description. The second amendment, approved by Resolution No. RS2024-711, changed the location of the project to 869 West Trinity Lane and increased the number of affordable housing units from 60 to 182 units. The amendment also extended the grant term to no longer than 36 months The third amendment extended the grant term to no longer than 48 months and altered the grant draw.
The proposed amendment would extend the term of the contract by an additional twelve months for a total of 60 months.