File #: 24-HCHRA-0017    Version: 1
Type: HRA New Business Status: Approved
File created: 4/30/2024 In control: Hennepin County Housing and Redevelopment Authority
On agenda: 5/7/2024 Final action: 5/7/2024
Title: 2024 Supportive Housing Strategy funding recommendations - Neg a 2021 award modification, 05/07/24-05/06/79, neg 7 award agmts, 05/07/24-05/06/79, total combined NTE $7,576,709
Attachments: 1. 2024_New_Contract_Budget_Spreadsheet_Supportive Housing, 2. RESOLUTION
Item Description:
title
2024 Supportive Housing Strategy funding recommendations - Neg a 2021 award modification, 05/07/24-05/06/79, neg 7 award agmts, 05/07/24-05/06/79, total combined NTE $7,576,709
end

Resolution:
body
BE IT RESOLVED, that the Executive Director be authorized to negotiate modifications to Agreement PR00003366 (Resolution 21-HCHRA-0018 adopted May 11, 2021) with Aeon, or affiliated entity, increasing the not to exceed amount by $1,950,000, for a new total not to exceed amount of $3,150,000, and extending the contract period end date from November 7, 2066 to May 6, 2079; that following review and approval by the County Attorney's Office, the Chair be authorized to sign the agreement and related documents on behalf of the authority; and that the Controller be authorized to disburse funds as directed; and

BE IT FURTHER RESOLVED, that the Executive Director be authorized to negotiate the following Agreements during the period May 7, 2024 through May 7, 2079:
? PR00006162 with Project for Pride in Living, or affiliated entity, for the Downtown View project, with a not to exceed amount of $1,000,000;
? PR00006163 with Alpha Emergence Behavioral Health, or affiliated entity, for the Kendall House at Portland project, with a not to exceed amount of $201,709;
? PR00006159 with Matrix Development LLC, or affiliated entity, for the PennWood Village development, with a not to exceed amount of $900,000;
? PR00006157 with RS EDEN, or affiliated entity, for the Portland Village project, with a not to exceed amount of $775,000;
? PR00006161 with VY Management LLC, or affiliated entity, for the Community Corner development, with a not to exceed amount of $1,000,000;
? PR00006158 with VY Management LLC, or affiliated entity, for the LOMA development, with a not to exceed amount of $750,000;
? PR00006160 with Beacon Interfaith Housing Collaborative, or affiliated entity, for the NorthView project, with a not to exceed amount of $1,000,000; and

that followin...

Click here for full text