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RESOLUTION OF THE NEWPORT NEWS REDEVELOPMENT AND HOUSING
AUTHORITY AUTHORIZING THE ADMINISTRATION OF ADDITIONAL HOME
INVESTMENT PARTNERSHIPS — AMERICAN RESCUE PLAN (HOME-ARP)
FUNDING
WHEREAS, the Newport News Redevelopment and Housing Authority
(NNRHA) is administering HOME Investment Partnerships — American Rescue
Plan (HOME-ARP) funds awarded by the United States Department of Housing
and Urban Development (HUD) to assist individuals and families experiencing
homelessness, those at risk of homelessness, and other vulnerable populations
impacted by COVID-19; and
WHEREAS, the unallocated HOME-ARP funding totals $1,917,514 and
will support eligible activities including rental housing development, supportive
services, nonprofit operating assistance, nonprofit capacity building, and program
administration; and
WHEREAS, the HOME-ARP program is governed by the HOME
Investment Partnerships Program regulations at 24 CFR Part 92, as modified by
Section 3205 of the American Rescue Plan Act of 2021 and further outlined in
HUD Notice CPD-21-10 and any subsequent guidance issued by HUD; and
WHEREAS, NNRHA is qualified and capable of managing the
administration, financial management, environmental review responsibilities,
compliance monitoring, and reporting requirements necessary to ensure the
proper and effective use of the additional HOME-ARP funds in accordance with
federal regulations.
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners
of the by the Newport News Redevelopment and Housing Authority that the
administration and implementation of the unallocated HOME-ARP funds in the
amount of $1,917,514 is hereby authorized, and the execution of all necessary
agreements and related documents by the Executive Director is hereby approved
to ensure compliance with applicable federal requirements.Jump to an indexed page (51 of 51)