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A resolution approving amendments one and two to a grant from the Tennessee Housing Development Agency to the Metropolitan Government, acting by and through the Metropolitan Action Commission, to be used for the Emergency Rental Assistance Eviction Prevention Program in accordance with the purposes set forth in Section 3201 of the American Rescue Plan Act of 2021, to provide financial assistance and housing stability services to eligible tenants.
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WHEREAS, the Metropolitan Government, acting by and through the Metropolitan Action Commission, previously entered into a grant agreement with the Tennessee Housing Development Agency to be used for the Emergency Rental Assistance Eviction Prevention Program in accordance with the purposes set forth in Section 3201 of the American Rescue Plan Act of 2021, to provide financial assistance and housing stability services to eligible tenants approved by RS2025-1224; and,
WHEREAS, amendment one deletes the entire grant contract in its entirety and replaces it with a new grant contract on an updated template, thereby making minor updates to several provisions, a copy of which amendment one is attached hereto; and,
WHEREAS, amendment two increases the amount of the grant by $217,042.25 from $347,630.13 to $564,672.38, a copy of which amendment two is attached hereto; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that amendments one and two be approved.
NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That amendments one and two to the grant by and between the Tennessee Housing Development Agency and the Metropolitan Government, acting by and through the Metropolitan Action Commission, to be used for the Emergency Rental Assistance Eviction Prevention Program in accordance with the purposes set forth in Section 3201 of the American Rescue Plan Act of 2021, to provide financial assistance and housing stability services to eligible tenants, a copy of which is attached hereto and incorporated herein, is hereby approved, and the Metropolitan Mayor is 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 first and second amendments to a grant from the Tennessee Housing Development Agency to the Metropolitan Action Commission to be used for the Emergency Rental Assistance Eviction Prevention Program, as set forth in the American Rescue Plan Act of 2021. The original grant, approved by Resolution No. RS2025-1224, is used to provide assistance and housing stability services to eligible tenants.
The first proposed amendment deletes and replaces the entire contract on an updated template and makes several minor revisions.
The second proposed amendment increases the grant amount by $217,042.25 from $347,630.13 to $564,672.38.