Explanation
BACKGROUND
This ordinance authorizes the Director of the Department of Development modify a subrecipient agreement with Greenwood 360 LLC to add additional funding in an amount up to $80,450.00 and to extend the contract until December to continue to act as the Application Manager for recipients as part of the department’s ERA2 Investment Strategy. This modification is needed as funds are being expended at an increasing rate and are needed to continue to provide rental and utility assistance to residents in the area as well as support the non-profits that process the intake of the ERA2 applications and declare an emergency. The current contract expires September 30, 2025 the additional funding will be expended prior to that date.
Original Agreement $1,750,000.00 Ord. 1577-2023 PO396840
Modification No. 1 $1,250,000.00 Ord. 2753-2023 PO421329
Modification No. 2 $ 0.00 Ord.2778-2024
Modification No. 3 $ 252,862.75 Ord. 1995-2025 PO522928
Modification No. 4 $ 80,450.00
Total $3,333,312.75
Ordinance No. 2275-2023 authorized the City of Columbus to accept and appropriate up to $90,537,806.23 of Federal Emergency Rental Assistance (ERA2) program funds, as passed by the Consolidated Appropriations Act of 2021.
Ordinance No. 1577-2023, which was approved on June 12, 2023 by council authorized the Director of the Department of Development to enter into a subrecipient agreement with Greenwood 360 LLC in an amount up to $1,750,000.00 of U.S. Department of Treasury Emergency Rental Assistance 2 (ERA2) funds. This authorization allowed Greenwood 360 LLC to act as the Application Manager for recipients as part of the department’s ERA2 Investment Strategy with a start date of June 1, 2023 and waived the competitive bidding requirements in Columbus City Code Chapter 329.
Ordinance No. 2753-2023, which was approved on October 16, 2023 by council authorized the Director of the Department of Development to modify the subrecipient a...
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