CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
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Petitioner: |
Jessica Colvin, Chief Financial Officer Jamie Sorenson, Director of Department of Social Service |
Recommendation:
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Ratify and authorize the Chair to sign an Amendment to the Interlocal Agreement with State of Nevada, Department of Business and Industry, Nevada Housing Division, for CBE No. 606018-21, for 2022 Agreement to Use Account for Affordable Housing Trust Funds by Clark County Social Service; or take other action as appropriate. (For possible action)
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FISCAL IMPACT:
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Fund #: |
2011.000 |
Fund Name: |
State Housing Grants |
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Fund Center: |
1080719000 |
Funded PGM/Grant: |
1080.AAHTF.2022 |
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Amount: |
No fiscal impact |
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Description: |
2022 Account for Affordable Housing Trust Funds for Social Service |
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Additional Comments: |
The initial Agreement amount was $1,834,108. Amendment No. 1 has no fiscal impact. |
BACKGROUND:
This Agreement is to provide Clark County Social Service trust funds to assist with tenant based rental assistance, emergency assistance, security/utility deposits, rental housing development, and rental housing rehabilitation.
The following are the pertinent provisions of the Agreement:
• The term of the Agreement is from July 1, 2021, through June 30, 2024.
• Includes the County’s option to terminate for cause, convenience or default and suspend the Agreement with advanced written notice.
Approval of Amendment No. 1 will extend the Agreement term through June 30, 2025. The attached Amendment No.1 document details the modifications involved.