Explanation
BACKGROUND: This legislation authorizes the Director of the Department of Development to modify agreement EL013453 with National Church Residences by increasing the contract by $200,000. The additional funds will be used address unforeseen costs to the Commons at Livingston Phase 2 project. The project is a permanent supportive housing project targeted to veterans of the United States Armed Services. The Commons at Livingston Phase 2 is being developed as part of the Rebuilding Lives initiative to provide permanent supportive housing for homeless persons and those at risk of being homeless. The project is under the City of Columbus’ five year commitment to provide $6 million in funding (including HOME and Bond funds) over a five year period for the development of additional units under this program. Commons at Livingston Phase 2 is eligible for up to $600,000 in bond funds. The amendment increases the existing agreement to $600,000.
Emergency action is necessary to allow for National Church Residences to continue the development of the project.
FISCAL IMPACT: Funding is from the Rebuilding Lives Fund - 2012 Capital Improvements Budget.
Title
To authorize the Director of the Department of Development to modify an agreement with National Church Residences for the Commons at Livingston Phase 2 permanent supportive housing project; to authorize the expenditure of $200,000 from the 2012 Housing Preservation Fund, Rebuilding Lives Fund; and to declare an emergency. ($200,000.00)
Body
WHEREAS, the Department of Development, Housing Division desires to administer a Rebuilding Lives Fund from city bond proceeds within 2012 Capital Improvements Budget; and
WHEREAS, the Department of Development desires to modify an agreement with National Church Residences by increasing the contract by the amount of $200,000; and
WHEREAS, these monies will be used to assist in the acquisition and development of the Commons at Livingston Phase 2 permanent supporti...
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