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A resolution to approve a First Amendment to three grant contracts for constructing affordable housing between The Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Housing Trust Fund Commission, and certain non-profit organizations.
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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 Shelter America Group, for the express purpose of constructing affordable housing approved by RS2023-2251; and
WHEREAS, Metro, acting by and through the Metropolitan Housing Trust Fund Commission, previously entered into a grant contract with Living Development Concepts, Inc., for the express purpose of constructing affordable housing approved by RS2023-2250; and
WHEREAS, Metro, acting by and through the Metropolitan Housing Trust Fund Commission, previously entered into a grant contract with AWAKE Nashville, Inc., for the express purpose of constructing affordable housing approved by RS2023-2249; and,
WHEREAS, Metro, acting by and through the Metropolitan Housing Trust Fund Commission, and Shelter America Group and Living Development Concepts, Inc., wish to amend the grant contracts by extending the term to 36 months, copies of which amendments are attached hereto and incorporated herein; and,
WHEREAS, Metro, acting by and through the Metropolitan Housing Trust Fund Commission, and AWAKE Nashville, Inc., wish to amend the grant contract by extending the term to 36 months and removing the $3,000,000.00 grant award language as AWAKE Nashville, Inc. has relinquished the financial award under the contract, a copy of which amendment is attached hereto and incorporated herein; and
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that the amendments to the grant contracts be approved.
NOW, THEREFORE BE IT RESOLVED BY TH...
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