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A resolution approving mayoral conditional approval and acceptance of a local government emergency rental assistance grant from the U.S. Department of the Treasury to The Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Action Commission, to be used for emergency rental assistance in accord with the purposes set forth in Section 501 of Division N of the Consolidated Appropriations Act, 2021, Pub. L. 116-260 (Dec. 27, 2020).
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WHEREAS, the U.S. Department of the Treasury has awarded a grant in the amount of $20,888,561.90 with no cash match required to The Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Action Commission, to be used for emergency rental assistance in accord with the purposes set forth in Section 501 of Division N of the Consolidated Appropriations Act, 2021, Pub. L. 116-260 (Dec. 27, 2020) (referenced to herein as "Section 501"); 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 resolution approving mayoral conditional approval and acceptance of a local government emergency rental assistance grant from the U.S. Department of the Treasury to The Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Action Commission, in the amount of $20,888,561.90 to be used for emergency rental assistance in accord with the purposes set forth in Section 501, and consistent with the U.S. Department of Treasury terms that accompanied the conditional approval, a copy of which is attached hereto and incorporated herein, is hereby approved.
Section 2. That the amount of this grant is to be appropriated to the Metropolitan Action Commission based on the revenues estimated to be received and any matc...
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