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A resolution approving amendments to three grant contracts for constructing affordable housing approved by RS2020-239 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 Affordable Housing Resources, Be a Helping Hand Foundation, and Our Place Nashville for the express purpose of constructing affordable housing approved by RS2020-239; and,
WHEREAS, Metro, acting by and through the Metropolitan Housing Trust Fund Commission, and Affordable Housing Resources, Be a Helping Hand Foundation, and Our Place Nashville executed a First Amendment to said grant contracts on April 6, 2022, to extend the term of the grant contracts, which amendments were approved by RS2022-1445; and,
WHEREAS, the parties wish to amend these three grant contracts by extending the term of each contract, copies of which amendments are 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 THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That amendment two 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 Affordable Housing Resources, Be a Helping Hand Foundation, and Our Place Nashville, copies of which are attached hereto and incorporated herein, are hereby approved, and the Metropolitan Mayor is hereby authorized to execute the same.
Section 2. That this resolution shall take effect f...
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