CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
Petitioner:
Jessica Colvin, Chief Financial Officer Abigail Frierson, Deputy County Manager
Recommendation:
title
Authorize the Chair to sign the Interlocal Agreement with City of North Las Vegas, for CBE No. 606733-23, for 2022-2023 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:
HOME23-FH-04 / 1080.FEDHOME.2023
Amount:
$706,140
Description:
N/A
Additional Comments:
HOME23-FH-03 / 1080.FEDHOME.2023
$78,459
HOME23-SH-02 / 1080NVHOME.2023
$129,411
2022-2023 Home Investment Partnerships (HOME) Program Funds
The total Agreement award is estimated in the amount of $914,010.
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 Partnership (HOME) Program. The following are the pertinent provisions of the Agreement:• The term of the Agreement is from date of award through June 30, 2026 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.