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A resolution accepting a grant from the Regions Foundation of Tennessee to the Nashville Community Engagement Fund to support the Metropolitan Barnes Housing Trust Fund for affordable housing, acting by and through the office of the Mayor.
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Whereas, the Regions Foundation of Tennessee has awarded a grant in an amount not to exceed $250,000.00 with no cash match required to the Nashville Community Engagement Fund to support the Metropolitan Barnes Housing Trust Fund for affordable housing, acting by and through the Office of the Mayor; and,
Whereas, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that this grant be accepted.
Now, therefore be it resolved by the Council of The Metropolitan Government of Nashville and Davidson County:
Section 1. That the grant by and between the Regions Foundation of Tennessee to the Nashville Community Engagement Fund to support the Metropolitan Barnes Housing Trust Fund for affordable housing, acting by and through the office of the Mayor, 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
See attached grant summary spreadsheet.