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HomeMy WebLinkAbout(0010) IR 21-10689 - Allocation of ARPA Funds to Affordable Housing and Childcare ProjectsINFORMAL REPORT TO CITY COUNCIL MEMBERS No. 21-10689 ypRTEkt ok rays To the Mayor and Members of the City Council October 12, 2021 Page 1 of 2 SUBJECT: PROPOSED ALLOCATION OF AMERICAN RESCUE PLAN ACT FUNDS TO AFFORDABLE HOUSING AND CHILDCARE PROJECTS This Informal Report describes the proposed allocation of American Rescue Plan Act (ARPA) funds in the amount of $10.1 million to affordable housing and childcare projects managed by Fort Worth Housing Solutions, Habitat for Humanity, and Child Care Associates. In March 2021, President Biden signed ARPA, providing aid and relief to various sectors of the national economy. The City of Fort Worth will receive a total allocation of ARPA funds in an amount exceeding $173.7 million, to be disbursed in two batches or "tranches." Subsequently, on June 22, the City Council approved Mayor and Council Communication (M&C) 21-0445, establishing a general framework for the use of ARPA funds. Funding must be obligated by December 31, 2024 and fully expended by December 31, 2026. Several local agencies have submitted proposals for affordable housing and human services projects totaling $31.4 million. City staff has reviewed these proposals with respect to financial feasibility, community need, and eligibility under ARPA Section 9901 (Coronavirus State and Local Fiscal Recovery Funds), Subsections 603(c)(1)(A) and 603(c)(1)(C), providing funding to aid disproportionately impacted communities and support governmental services adversely impacted by the pandemic. As a result, City staff recommends that we allocate funding to seven projects as follows. First Tranche of ARPA Funding ARPA Funding Council Agency Funding Address Funding Use Amount District Category Renovation for Early Learning Center in Riverside: Child Care Non- 2400 E. 1st Gwendolyn C. Gragg Child Development Center; Associates $2,000,000.00 Revenue St., 76111 8 renovation project to include three additional Recovery classrooms (total of 8 classrooms) and expanded services for infants and toddlers Cowan Place: Infrastructure expenses related to neighborhood Fort Worth Revenue 5400/5420E. redevelopment for the Stop Six Choice Neighborhood Housing $400,000.00 5 Implementation Program; design and construction work Solutions Recovery Rosedale St., associated with underground power lines and the 76105 elimination of power poles Purchase of fourteen (14) detached platted lots for the Fort Worth Non- Neighborhood development of 26 or more affordable townhomes Area $1,500,000.00 Revenue surrounding 9 south of John Peter Smith Hospital and within NEZ Six Habitat for (properties are 1701 St. Louis, 1720 Galveston, 1719 Humanity Recovery JPS Hospital Galveston, 1716 Galveston, 1715 Galveston, 1709 Galveston, 1703 Galveston, 1724 S. Main, 1720 S. Main) Total $3,900,000.00 ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 21-10689 _P ATEktI i ti e `o iF 4 r rn 115,3 To the Mayor and Members of the City Council October 12, 2021 Page 2of2 SUBJECT: PROPOSED ALLOCATION OF AMERICAN RESCUE PLAN ACT FUNDS TO AFFORDABLE HOUSING AND CHILDCARE PROJECTS Second Tranche of ARPA Funding ARPA Funding Council Agency Funding Address Funding Use Amount District Category Building a new Early Learning Center at the future/proposed Stop Six Hub to expand access Child Care Non- 5100 Block of to infant, toddler and three-year old services in $5,000,000.00 Recovery 5 Stop Six; the ARPA investment would draw $9.2M Associates Revenue Avenue G 76105 in quality early learning services from Child Care Associates at no charge to low-income families in Stop Six over ten (10) years Infrastructure expenses related to neighborhood Hughes House redevelopment for the Stop Six Choice $400,000.00 Revenue 4830/4908 E. 5 Neighborhood Implementation Program Hughes Recovery Rosedale St., House; design and construction work associated 76105 with underground power lines and the elimination of power poles Infrastructure expenses related to neighborhood Fort Worth 3: Not Yet redevelopment for the Stop Six Choice HousingPhase $400,000.00 Revenue Named 5 Neighborhood Implementation Program Phase 3; Solutions Recovery design and construction work associated with underground power lines and the elimination of power poles Infrastructure expenses related to neighborhood Phase 4: Not Yet redevelopment for the Stop Six Choice $400,000.00 Revenue Named 5 Neighborhood Implementation Program Phase 4; Recovery design and construction work associated with underground power lines and the elimination of power poles Total $6,200,000.00 We intend to include an appropriate M&C on the October 19 Council agenda requesting approval of these allocations and associated contracts. If you have questions about this information, please contact Victor Turner, Director of Neighborhood Services, at 817-392-8187. David Cooke City Manager ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS