title
A resolution authorizing the Metropolitan Mayor to submit the Nashville-Davidson HOME Investment Partnerships -American Rescue Plan (HOME ARP) Action Plan as Substantial Amendment 1 to the 2021-2022 Annual Update for Program Year Four to the 2018-2023 Consolidated Plan for Housing and Community Development to the U.S. Department of Housing and Urban Development (HUD).
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WHEREAS, The American Rescue Plan Act of 2021 appropriated $5 billion to provide housing, services, and shelter to individuals experiencing homeless and other vulnerable populations, to be allocated by formula to jurisdictions that qualified for HOME Investment Partnerships Program allocations in Fiscal Year 2021. On September 22, 2021, the Metropolitan Government of Nashville- Davidson County received a grant agreement in the amount of $9,315,028 for the HOME ARP funds and instructions on procedures to develop an Action Plan to access the funds; and
WHEREAS, by Resolution R94-1326, the Metropolitan Council designated the Metropolitan Development and Housing Agency ("MDHA") as the lead agency responsible for the preparation of the Five-Year Consolidated Plan for Housing and Community Development for The Metropolitan Government of Nashville and Davidson County; and
WHEREAS, to access the HOME ARP, HUD directed Grantees to prepare a substantial amendment to its' Fiscal Year 2021-2022, Action Plan (AP) for Metro Nashville-Davidson County, to allocate the funds to eligible activities/projects; and
WHEREAS, substantial amendment 1 to the 2021-2022, PY, AP is being made to allocate
HOME ARP funds to the following activities:
Activities
Funding
Amount
Percent of Grant
Statutory
Limit
Supportive Services
$1,500.000.00
Development of
Affordable Rental
Housinq
$6,733,525.00
Non-Profit Capacity
Buildinq
$150,000.00
2%
5%
Administration & Planninq
$931,503.00
10%
15%
Total All Activities
$ 9.315.028.00
* Supportive Services - $1,500,000 ...
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