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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Approve, ratify and authorize the Chair to sign the Interlocal Agreement with City of North Las Vegas, for CBE No. 606736-23, for SFY-2024 Account for Affordable Housing Trust Fund (AAHTF) Program Funds; or take other action as appropriate. (For possible action)
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FISCAL IMPACT:
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Fund #: |
2011.000 |
Fund Name: |
HUD and State Housing Grants |
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Fund Center: |
1080719000 |
Funded PGM/Grant: |
AAHTF24-00 / 1080.AAHTF.2024 |
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Amount: |
$627,388 |
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Description: |
SFY-2024 Account for Affordable Housing Trust Fund (AAHTF) Program Funds |
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Additional Comments: |
The total Agreement award is estimated in the amount of $627,388 |
BACKGROUND:
This Agreement is for City of North Las Vegas housing-related services including, but not limited to, development of affordable housing, rehabilitation of abandoned and rental residential properties, renovation of owner-occupied housing units, and assistance to first-time homebuyers.
The following are the pertinent provisions of the Agreement:
• The term of the Agreement is from July 1, 2023, through June 30, 2026.
• 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.