...Title
Amendment to the Agreement with Destination: Home to Support Low Income Households Impacted by COVID-19.
...Recommendations
(a) Adopt a resolution authorizing the City Manager to negotiate and execute a second amendment to the Health Trust grant agreement previously transferred to Destination: Home SV in the amount of $4,250,000, for the employment initiative and homelessness prevention system for homeless individuals and families through June 30, 2021 to provide housing assistance payments to low income households impacted by COVID-19, at a cost of $2,000,000 and to provide an option to extend the agreement for one one-year term.
(b) Adopt the following Appropriation Ordinance amendments in the Multi-Source Housing Fund:
(1) Decrease the City Housing Authority Reserve by $2,000,000; and
(2) Establish the Destination: Home COVID-19 appropriation to the Housing Department in the amount of $2,000,000.
CEQA: Not a Project, File No. PP17-003, Agreements/Contracts (new or Amended) resulting in no physical changes to the environment. (Housing/City Manager)
[Rules Committee referral 3/18/2020 - Item A.1.a]