Title
Consider/Discuss/Act on Sub-Grantees Awards for the Texas Emergency Rental Assistance Program (TERAP) COVID Round 2 Funding for Rental and Utility Assistance for the City of McKinney
Summary
COUNCIL GOAL: Enhance the Quality of Life in McKinney
(5E: Develop sustainable quality of life improvements within the City of McKinney)
MEETING DATE: February 16, 2021
DEPARTMENT: Housing & Community Development
CONTACT: Janay Tieken, Housing & Community Development Manager
Shirletta Best, Community Services Administrator
RECOMMENDED CITY COUNCIL ACTION:
• Approve the Resolution
ITEM SUMMARY:
• On December 15, 2020, Agenda Item #20-1127, Community Lifeline and the Assistance Center of Collin County were approved by City Council to administer the HUD-CV award funding, for the City of McKinney, for rental, mortgage and utility assistance.
• The City of McKinney has received $222,994.11 from the Texas Department of Housing and Community Affairs (TDHCA) for rental assistance and eviction diversion.
• At the time that applications were approved to administer HUD-CV funding, the applicants were informed the funds to be administered might also include state funds to prevent, prepare for and respond to COVID-19; the process complied with all TDHCA program requirements.
• Staff is recommending that these funds also be administered by Community Lifeline and the Assistance Center of Collin County, as the regulations and paperwork for the two programs are very similar.
BACKGROUND INFORMATION:
• On December 15, 2020, Agenda Item # 20-118, City Council approved the grant award from TDHCA in the amount of $222,994.11 for rental assistance and eviction prevention.
FINANCIAL SUMMARY:
• The total amount of the grant award from TDHCA is $222,994.11
|
|
Categories |
Contract Amount |
|
Community Lifeline |
Rental Assistance |
$79,164 |
|
|
Eviction Diversion |
$11,150 |
|
|
Administration |
$10,034 |
|
Total CLC |
|
$100,348 |
|
|
|
|
|
Assistance Center |
Rental Assistance |
$79,164 |
|
|
Eviction Diversion |
$11,149 |
|
|
Administration |
$10,034 |
|
Total ACCC |
|
$100,347 |
|
|
|
|
|
City of McKinney |
Administration |
$22,299 |
|
|
|
|
|
Total Funding |
|
$222,994 |
• The budget amendment for this funding was approved by City Council on December 15, 2020, Agenda Item #20-1113