File #: 21-1593   
Status: Agenda Ready
File created: 10/21/2021 In control: Clark County Board of Commissioners
On agenda: 12/7/2021 Final action:
Title: Authorize the Chair to sign Interlocal Agreement No. CFDA 14.239 with State of Nevada, Department of Business and Industry, Nevada Housing Division, for CBE No. 606019-21 for Home Investment Partnerships (HOME) Program; or take other action as appropriate. (For possible action)
Attachments: 1. Staff Report, 2. C606019-21 Interlocal

CLARK COUNTY BOARD OF COMMISSIONERS

AGENDA ITEM

 

Petitioner:

Les Lee Shell, Deputy County Manager Tim Burch, Administrator of Human Services 

Recommendation: 

title

Authorize the Chair to sign Interlocal Agreement No. CFDA 14.239 with State of Nevada, Department of Business and Industry, Nevada Housing Division, for CBE No. 606019-21 for Home Investment Partnerships (HOME) Program; or take other action as appropriate. (For possible action)

body

 

 

FISCAL IMPACT:

Fund #:

2011.000

Fund Name:

HUD & State Housing Grants

Fund Center:

1080719000

Funded PGM/Grant:

1080.NVHOME.2022

Amount:

$784,738

Description:

Home Investment Partnerships (HOME) Program

Additional Comments:

The total Agreement award to be disbursed to County is estimated in the amount of $784,738.

 

BACKGROUND: 

This Agreement is for State of Nevada Housing to provide HOME Program Funds to Clark County, the lead agent of the Clark County HOME Consortium, to assist with qualified projects under HOME Program rules, statutes, and regulations for the production of multifamily rental properties through acquisition, new construction, and rehabilitation in order to provide affordable housing assistance to qualified clients.
                     
The following are the pertinent provisions of the Agreement:
•                     The term of the Agreement is from date of award through June 30, 2026.

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.