CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
|
Petitioner: |
Jessica Colvin, Chief Financial Officer Jamie Sorenson, Director of Department of Social Service |
Recommendation:
title
Approve, ratify and authorize the Chair to sign the Interlocal Agreement with City of North Las Vegas, for CBE No. 606734-23, for 2023-2024 Home Investment Partnerships (HOME) Program Funds; or take other action as appropriate. (For possible action)
body
FISCAL IMPACT:
|
Fund #: |
2011.000 |
Fund Name: |
HUD and State Housing Grants |
|
Fund Center: |
1080719000 |
Funded PGM/Grant: |
HOME24-FH-00 / 1080.FEDHOME.2024 |
|
Amount: |
$841,131 |
|
Description: |
2023-2024 Home Investment Partnerships (HOME) Program Funds |
|
Additional Comments: |
The total Agreement award is estimated in the amount of $841,131. |
BACKGROUND:
This Agreement is for City of North Las Vegas housing related services including, but not limited to, assisting non-profit agencies to acquire, construct and/or rehabilitate rental housing units, assisting owner-occupants to rehabilitate their homes, and assisting first time home buyers through the Home Investment Partnerships (HOME) Program.
The following are the pertinent provisions of the Agreement:
• The term of the Agreement is from July 1, 2023 through June 30, 2027, and includes the option to extend for 2, one-year periods.
• Includes the County’s option to terminate for cause, convenience or default and suspend the Agreement with advanced written notice.
The recommendation of award is in accordance with NRS 277.180. The parties are authorized to enter into interlocal contracts to perform governmental functions and activities.