The final decision approves the sixth amendment to the grant contract between the Metropolitan Housing Trust Fund Commission and Affordable Housing Resources for the construction of affordable housing. Originally approved under Resolution RS2017-965 with a $410,000 grant from the Barnes Fund for Affordable Housing, this contract has been extended five times prior for a total of 84 months. This sixth amendment extends the term of the contract for an additional 12 months for a total term of 96 months, with no increase in the grant amount.
This extension supports ongoing affordable housing initiatives, ensuring project completion and maximizing the impact of dedicated funds. The continuation of this project aligns with the city's commitment to address housing needs for residents.