Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to accept a direct re-allocation of Federal Emergency Rental Assistance Grant funds from the U.S. Treasury, in an amount not to exceed $30 million, and further authorizing the Mayor to execute any necessary Subrecipient Agreement(s) and/or amendments thereto, with Community Action Council ("CAC") and Legal Aid of the Bluegrass, as needed for the continued operation of the Housing Stabilization Program. [Dept. of Housing Advocacy and Community Development, Lanter]
Summary
Authorization to accept a direct reallocation of federal Emergency Rental Assistance Grant funds in an amount not to exceed $30,000,000.00 from the U.S. Department of the Treasury and to execute sub-recipient Agreements with Community Action Council and Legal Aid of the Bluegrass as necessary for continued administration of the Housing Stabilization Program. (L1212-22) (Lanter)
Budgetary Implications: YES
Advance Document Review:
Law: NO
Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted: BA to follow
This Fiscal Year Impact - Federal funds not to exceed $30,000,000
Annual Impact: $0
Project: CV_ERAP_2021
Activity: FED_GRANT
Budget Reference: 2021
Current Balance:
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 accept a direct re-allocation of federal Emergency Rental Assistance Grant funds from the U.S. Treasury, in an amount not to exceed $30 million dollars.
Section 2 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized and directed to execute any necessary subrecipient Agreements and/or amendments thereto, the final form of which are consistent with the existing Agreements for the same services and subject to approval by the Division ...
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