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A resolution authorizing grants not exceeding $1,775,080.27 from the Barnes Fund for Affordable Housing to certain nonprofit organizations selected for the express purpose of constructing and rehabilitating affordable or workforce housing.
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WHEREAS, Section 7-3-314 of the Tennessee Code Annotated states that metropolitan forms of government may provide financial assistance to a nonprofit organization in accordance with the guidelines of the Metropolitan Government; and,
WHEREAS, Section 5.04.070 of the Metropolitan Code of Laws provides that the Metropolitan Council may by Resolution appropriate funds for the financial aid of nonprofit organizations; and,
WHEREAS, pursuant to the regulations and procedures of the Metropolitan Housing Trust Fund Commission, the Metropolitan Housing Trust Fund Commission voted to distribute the funds to the following nonprofit organizations: Crossroads Campus, Westminster Home Connection, Urban Housing Solutions, Rebuilding Together Nashville, Crossbridge, Inc., Renewal House, Woodbine, Be a Helping Hand Foundation, Living Development Concepts, Inc., Our Place Nashville, New Level Community Development Corporation, Habitat for Humanity of Greater Nashville, Mending Hearts, Inc., and Samaritan Recovery Community; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government of Nashville and Davidson County that these grant contracts be approved.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. There is hereby appropriated $1,775,080.27 from the Barnes Fund for Affordable Housing to fund grants to fourteen nonprofit organizations as follows:
|
Nonprofit |
Amount |
Exhibit |
|
Crossroads Campus |
$33,492.08 |
A |
|
Westminster Home Connection |
$50,238.12 |
B |
|
Urban Housing Solutions |
$316,652.40 |
C |
|
Rebuilding Together Nashville |
$9,134.20 |
D |
|
Crossbridge, Inc. |
$76,118.36 |
E |
|
Renewal House |
$51,760.49 |
F |
|
Woodbine |
$593,723.25 |
G |
|
Be a Helping Hand Foundation |
$6,089.47 |
H |
|
Living Development Concepts, Inc. |
$1,522.37 |
I |
|
Our Place Nashville |
$200,952.48 |
J |
|
New Level Community Development Corporation |
$77,640.73 |
K |
|
Habitat for Humanity of Greater Nashville |
$48,715.75 |
L |
|
Mending Hearts, Inc. |
$12,178.94 |
M |
|
Samaritan Recovery Community |
$296,861.62 |
N |
Section 2. The Metropolitan Government of Nashville and Davidson County is hereby authorized to enter into grant contracts with each of the nonprofit organizations listed in Section 1 above for the grant amounts designated therein, subject to the terms and conditions under which the grant funds are to be spent, attached hereto as Exhibits A through N and incorporated herein.
Section 3. 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 authorizes grants not exceeding $1,775,080.27 from the Barnes Fund for Affordable Housing to 14 nonprofit organizations selected for the express purpose of constructing and rehabilitating affordable or workforce housing.
Section 7-3-314 of the Tennessee Code Annotated states that metropolitan forms of government may provide financial assistance to a nonprofit organization in accordance with the guidelines of the Metropolitan Government. Section 5.04.070 of the Metropolitan Code of Laws provides that the Metropolitan Council may by Resolution appropriate funds for the financial aid of nonprofit organizations. Each grant is governed by an agreement. These agreements are attached to the resolution as exhibits.
The funds would be appropriated as follows:
• Crossroads Campus -- $33,492.08
• Westminster Home Connection -- $50,238.12
• Urban Housing Solutions -- $316,652.40
• Rebuilding Together Nashville -- $9,134.20
• Crossbridge, Inc. -- $76,118.36
• Renewal House -- $51,760.49
• Woodbine Community Organization, Inc. -- $593,723.25
• Be a Helping Hand Foundation -- $6,089.47
• Living Development Concepts, Inc. -- $1,522.37
• Our Place Nashville -- $200,952.48
• New Level Community Development Corporation -- $77,640.73
• Habitat for Humanity of Greater Nashville -- $48,715.75
• Mending Hearts, Inc. -- $12,178.94
• Samaritan Recovery Community -- $296,861.62