Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Amendment to the Subrecipient Agreement with Community Action Council ("CAC") in order to allocate $10,530,000 of Emergency Rental Assistance Federal Grant funds from the U.S. Dept. of the Treasury to CAC for the continued operation of the Housing Stabilization Program, and authorizing the Mayor to execute any other needed Agreements or Amendments with CAC related to the use of these funds. [Dept. of Housing Advocacy and Community Development, Lanter]
Summary
Authorization to execute an amendment to a sub-recipient Agreement with Community Action Council and allocate $10,530,000.00 of Emergency Rental Assistance Grant funds from the U.S. Department of the Treasury for the continued operation of the Housing Stabilization Program. A Budget amendment is in process. (0269-22) (Lanter)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: { Select Yes/No, Completed by By, Date]}
Risk Management: {Select Yes/No, Completed by Brittney Smith, Date]}
Fully Budgeted [select]: BA 11556 in process
Account Number: 3230-900307-0001-71101
This Fiscal Year Impact: 10,530,000
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: BA 11556 in process
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized and directed to execute an amendment to the Subrecipient Agreement, which is attached hereto and incorporated herein by reference, with Community Action Council ("CAC") in order to allocate $10,530,000.00 of Emergency Rental Assistance federal Grant funds from the U.S. Department of the Treasury to CAC for the continued operation of the Housing Stabilization Program, and authorizing the Mayor to execute any other needed Agreements or amendments with the CAC related to the use of these fun...
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