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A resolution approving a grant from the Tennessee Housing Development Agency (THDA) to the Metropolitan Government, acting by and through the Metropolitan Action Commission, to provide housing stability services to eligible households under the THDA's Rent Relief Program.
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WHEREAS, the Tennessee Housing Development Agency has awarded a grant, in an amount not to exceed $369,000.00 with no cash match required, to the Metropolitan Government, acting by and through the Metropolitan Action Commission, to provide housing stability services to eligible households under the THDA's Rent Relief Program; 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 Tennessee Housing Development Agency, in an amount not to exceed $369,000.00 to the Metropolitan Government, acting by and through the Metropolitan Action Commission, to provide housing stability services to eligible households under the THDA's Rent Relief Program, 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 match to be applied.
Section 3. 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 a grant from the Tennessee Housing Development Agency ("THDA") to the Metropolitan Action Commission ("MAC") to provide housing stability services to eligible households under the THDA's Rent Relief Program. The grant is an amount not to exceed $369,000 with no local cash match required. Pursuant to the agreement, MAC will make avail...
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