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Resolution Authorizing the City Manager to Enter into an Agreement with Lakeside Partners of Wilmington, Inc., a subsidiary of Good Shepherd Ministries of Wilmington, Inc., For the Construction of 32 Units of Supportive Rental Housing Utilizing $2,113,506 of HOME Investment Partnerships Program American Rescue Plan Program (HOME-ARP) Funds (Budget Impact - $2,113,506 HOME-ARP funds)
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LEGISLATIVE INTENT/PURPOSE:
WHEREAS, the US Department of Housing and Urban Development (“HUD”) HOME Investment Partnerships Program (“HOME”) provides formula grants to states and localities that communities use - often in partnership with local nonprofit groups - to fund a wide range of activities, including building, buying, and/or rehabilitating of affordable housing for rent or homeownership, or providing direct rental assistance to low-income people; and,
WHEREAS, HOME is the largest federal block grant to state and local governments designed exclusively to create affordable housing for low-income households, with funds awarded annually as formula grants to participating jurisdictions; and,
WHEREAS, the City Wilmington is a participating jurisdiction and receives direct allocation of HOME funds; and,
WHEREAS, the City of Wilmington receives HOME funds annually to be used for housing production and assistance benefiting low-to-moderate income persons, including persons experiencing or at risk of homelessness; and,
WHEREAS, as a part of the American Rescue Plan Act of 2021 (“ARP”), HUD allocated $4.925 billion in supplemental ARP funds through HOME to support communities throughout the country to address homelessness; and,
WHEREAS, the City of Wilmington was awarded $2,513,506 in HOME-ARP funds to assist the following populations: a) homeless; b) at risk of homelessness; c) fleeing or attempting to flee domestic violence, dating violence, sexual assault, stalking, and human trafficking; d) other populations where providing supportive services or assistance would prevent the family's homelessness or would serve those at greater risk of homelessness; and, e) veterans and families that include a veteran that meets one of the preceding criteria; and,
WHEREAS, City Council approved the City of Wilmington HOME-ARP Allocation Plan at the March 21, 2023, at a City Council meeting that included the use of up to $2,113,506 for the development of Supportive Rental Housing (“SRH”), with a preference for housing unsheltered persons, specifically the chronically homeless; and,
WHEREAS, the City issued a Request for Proposals (“RFP”) on January 23, 2024, and received one proposal; and,
WHEREAS, Good Shepherd Ministries of Wilmington, Inc. (“Good Shepherd”), and Lakeside Partners of Wilmington, Inc. (“Lakeside”), a subsidiary of Good Shepherd) responded to the RFP for $2,113,506 to support the development of the SRH project located at 3939 Carolina Beach Road, Wilmington, NC; and,
WHEREAS, the project will be a three-story building, comprised of 32 one-bedroom apartment units designed to serve the needs of extremely low-income single men and women who meet the “Qualifying Population,” which is anticipated to include seniors, veterans, and persons with disabilities.
THEREFORE, BE IT RESOLVED:
THAT, the City Manager is hereby authorized to enter into an agreement with Good Shepherd Ministries of Wilmington, Inc., and Lakeside Partners of Wilmington, Inc., for an amount up to $2,113,506 for the development of supportive rental housing to develop 32 units designed to serve the needs of extremely low-income single persons.