CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
|
Petitioner: |
Jessica Colvin, Chief Financial Officer Dagny Stapleton, Community Housing Administrator |
Recommendation:
title
Ratify and authorize the Chair to sign the Interlocal Agreement with State of Nevada, Department of Business and Industry, Nevada Housing Division, for CBE No. 607376-24, for 2025 Account for Affordable Housing Grant Agreement; 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: |
1080.AAHTF.2025 |
|
Amount: |
Not to exceed $2,325,210.11 |
|
Description: |
2025 Account for Affordable Housing Grant Agreement |
|
Additional Comments: |
The total Agreement award is not to exceed $2,325,210.11. |
BACKGROUND:
This Agreement is to provide Department of 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, 2024 through June 30, 2027.
• 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.