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A resolution to approve the First Amendment to five grant contracts for constructing affordable housing approved by RS2022-1443 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 grants contract with Mary Parrish Center, Habitat for Humanity of Greater Nashville, Urban Housing Solutions, Inc., and Be a Helping Hand Foundation for the express purpose of constructing affordable housing approved by RS2022-1443; and,
WHEREAS, the parties wish to amend these five grant contracts by extending the term of the contract to 36 months, 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 THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That this First Amendment to five 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 Mary Parrish Center, Habitat for Humanity of Greater Nashville, Urban Housing Solutions, Inc., and Be a Helping Hand Foundation, copies of which is attached hereto and incorporated herein, is hereby approved, and the Metropolitan Mayor is hereby authorized to execute the same.
Section 2. 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 amendments to four grant contracts originally approved by Resolution No. RS2022-1443. These grants are between the Metropolitan Housing Trust Fund Commission and nonprofit organizations and are for the construction of affordable housing.
The four grant contracts were among several that the Metropolitan Housing Trust Fund previously executed pursuant to Resolution No. RS2022-1443 (Exhibits H, L, and P to RS2022-1443). Urban Housing Solutions, Inc. was party to two grant contracts approved by RS2022-1443 and it is unclear which of those contracts is intended to be amended by this resolution-an amendment to the resolution to clarify this is anticipated.
The amendments extend the term of the grant contracts from 24 months to 36 months for the following organizations (with exhibits and the amount of the original award):
• Be a Helping Hand Foundation - Exhibit H - $642,099
• Habitat of Humanity of Greater Nashville - Exhibit L - $2,990,007
• Mary Parrish Center - Exhibit P - $507,000
Urban Housing Solutions, Inc. is a party to grant contracts both in Exhibit I and Exhibit M, with each grant award being $1,500,000. The resolution, as currently drafted, would extend a contract term from 24 months to 36 months.
No other changes would be made to these contracts.