Fiscal Note
The proposed resolution amends the 2021 Adopted Operating Budget for the Community Development Division (CDD) - Affordable Housing and authorizes the City to accept up to $8 million from the U.S. Treasury for use in preventing evictions and promoting housing stability among eligible households. Most of the awarded grant funding will be disbursed through community agency contracts with the Tenant Resource Center (TRC), and other designated community agencies, to utilize available funds to assist renter households impacted by the COVID pandemic. CDD’s other grants fund purchased services will be amended to authorize the $8 million of granted revenue and associated expenses.
The proposed resolution authorizes up to $1.1 million from CDD's grant and general funding sources to 11 agencies/collaborations to assist eligible households secure rental assistance and to provide or support services and activities designed to help reduce the incidence of eviction and promote housing stability in the rental market. This resolution also authorizes up to $50,000 for a no-bid contractor for the creation of a centralized mobile-responsive web application that will serve as a resident and agency rental assistance portal and database by June 30, 2021.
Title
SUBSTITUTE - Accepting funds from the U.S. Treasury Department, to be awarded to the City of Madison under the Consolidated Appropriations Act, 2021 (H.R. 133), to help prevent evictions and promote housing stability for eligible households affected by the COVID-19 pandemic, amending the Community Development Division’s 2021 Operating Budget to reflect receipt of those funds, and authorizing the Mayor and City Clerk to execute agreements with the Tenant Resource Center and other community partner agencies to implement a program to deliver that relief as well as a no-bid contract for a mobile responsive rental assistance web application.
Body
This resolution authorizes contracts with the Tenant Resource Center (T...
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