Title
A Resolution of the City Council of the City of Mansfield, Texas Approving a Subrecipient Agreement with Fort Worth Area Habitat for Humanity, Inc. DBA Trinity Habitat for Humanity in the Amount of $250,000.00; Appropriating Funds for this Agreement from the American Rescue Plan Act (ARPA) Fund; Finding that the Meeting at Which this Resolution is Passed is Open to the Public as Required by Law; And Declaring an Effective Date
Requested Action
Consider a Resolution approving a subrecipient agreement with Habitat for Humanities and appropriating funds for said agreement from the ARPA funds the City received.
Recommendation
Staff recommends approval of the Resolution.
Description/History
This Resolution would authorize the appropriation of funds the City of Mansfield received from the American Rescue Plan Act to cover expenses up to $250,000.00, incurred by Habitat for Humanities in the development of 22 newly constructed homes to be sold to eligible homebuyers.
Justification
As a result of the American Rescue Plan Act, the City received funds for certain eligible uses. These funds must be obligated no later than December 31, 2024 and fully expended by December 31, 2026. The development Habitat for Humanities is proposing is considered an eligible use and would provide housing options for eligible homeowners.
Funding Source
ARPA Funds
Prepared By
Matt Jones