Fiscal Note
The proposed resolution authorizes the Mayor and City Clerk to execute contract amendments with various community organizations. The total amount of the contract amendments is $7.34 million, and it will be funded by remaining Emergency Rental Assistance (ERA2) funds authorized in the 2024 Adopted Operating Budget (Munis project #76121). No additional City appropriation required.
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SUBSTITUTE Authorizing the Mayor and City Clerk to execute contract amendments, utilizing federal Emergency Rental Assistance funds awarded by the U.S. Treasury Department and authorized under the American Rescue Plan Act of 2021, to the African Center for Community Development; Meadowood Neighborhood Association/Meadowood Health Partnership; Nehemiah Community Development Corporation, with FOSTER of Dane County; and Tenant Resource Center to sustain efforts to prevent evictions and promote housing stability for eligible households in Dane County. (Citywide)
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Background
On December 21, 2020, Congress enacted the Consolidated Appropriations Act, 2021 (H.R. 133, Public Law 116-260, a/k/a "COVID Relief Act"), which included $25 billion in Emergency Rental Assistance Program funding ("ERA1") to be distributed by the U.S. Treasury Department to state and local governments for use in preventing evictions and promoting housing stability among households affected by the COVID-19 pandemic. Through this Act, the City of Madison received a direct ERA1 allocation of nearly $7.8 million (RES-21-00042, Legistar #63792) and a pass-thru ERA1 allocation, via the Wisconsin Department of Administration's Division of Energy, Housing & Community Resources, of roughly $25.2 million (RES-21-00371, Legistar #65271; and RES-21-00557, Legistar #66681).
On March 10, 2021, Congress enacted the American Rescue Plan Act of 2021 (H.R. 1319, Public Law 117-2), which provided additional funding to respond to multiple areas of need created by the COVID-19 pandemic. This Act (also known as "ARP...
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