C-number: C-22-12-031-3
Item Text
34. AMENDMENT TO THE DEVELOPER AGREEMENT WITH CATHOLIC CHARITIES COMMUNITY SERVICES, INC. FOR MANAGEMENT AND IMPLEMENTATION OF THE NEIGHBORHOOD STABILIZATION PROGRAM 3 (NSP3) Approve Amendment No. 1 to the Developer Agreement (C-22-12-031-3-00) for the Neighborhood Stabilization Program 3 (NSP3) with Catholic Charities Community Services, Inc. (CCCS). The amendment increases the funding amount of the agreement by $213,781, from $3,831,612 to $4,045,393. This amendment is effective upon execution and will expire March 2, 2014. The intent of the Neighborhood Stabilization Program 3 is to address the issue of vacant, foreclosed residential housing in communities throughout the Country. Catholic Charities Community Services, Inc. is under contract with Maricopa County as a housing developer funded by the NSP3 program, to acquire and rehabilitate multi family residential rental property located at 5104 East Thomas Road, for the purpose of providing permanent supportive housing for veterans and formerly homeless families. This program is funded through a grant from the U. S. Department of Housing and Urban Development, authorized by the Board of Supervisors on February 23, 2011 (C-22-11-052-G-00). Funding for this amendment is available from the 10% administrative allowance for the NSP 3 grant and does not impact County General Funds. (C-22-12-031-3-01)
Item Text
34. AMENDMENT TO THE DEVELOPER AGREEMENT WITH CATHOLIC CHARITIES COMMUNITY SERVICES, INC. FOR MANAGEMENT AND IMPLEMENTATION OF THE NEIGHBORHOOD STABILIZATION PROGRAM 3 Approve Amendment No. 2 to the Developer Agreement (C-22-12-031-3-01) for the Neighborhood Stabilization Program 3 (NSP3) with Catholic Charities Community Services, Inc., (CCCS). The amendment increases the funding amount of the agreement by $100,000, from $4,045,393 to $4,145,393. This amendment is effective upon execution and will expire March 2, 2014. There is no impact to the General Fund. The intent of the Neighborhood Stabilization Program 3 is to address the issue of vacant, foreclosed residential housing in communities throughout the Country. Catholic Charities Community Services, Inc. is under contract with MCHSD as a housing developer funded by the NSP3 program, to acquire and rehabilitate multi family residential rental property located at 5104 East Thomas Road, for the purpose of providing permanent supportive housing for veterans and formerly homeless families. This program is funded through a grant from the U. S. Department of Housing and Urban Development, authorized by the Board of Supervisors on February 23, 2011, (C-22-11-052-G-00). Additional funds for this amendment are available from the 10% administrative allowance for the NSP 3 grant. (C-22-12-031-3-02)
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2 item(s) sharing C-number base C-22-12-031-3