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HomeMy WebLinkAboutResolution Fort Worth Housing Finance Corporation (FWHFC) FWHFC-2021-10RESOLUTION NO. FWHFC-2021-10 FORT WORTH HOUSING FINANCE CORPORATION A RESOLUTION APPROVING CONTRACT WITH DAY RESOURCE CENTER FOR THE HOMELESS DOING BUSINESS AS DRC SOLUTIONS FOR SUPPORTIVE SERVICES FOR PERMANENT SUPPORTIVE HOUSING TENANTS WHEREAS, the City Council of the City of Fort Worth ("City") has adopted development and revitalization of the City's affordable housing stock as a strategic goal and City residents and the City Council have determined that quality, accessible, affordable housing is needed for moderate, low and very low income City residents; WHEREAS, the City Council established the Fort Worth Housing Finance Corporation (the "Corporation") in 1979 pursuant to Chapter 394, Texas Local Government Code, to facilitate housing initiatives in the City, including but not limited to issuing tax exempt bonds, developing and promoting housing, and assisting low to moderate income City residents in acquiring quality, accessible, affordable housing through lending and construction activities; WHEREAS, Permanent Supportive Housing ("PSH") is a combination of long term rental assistance and supportive services to boost housing retention for vulnerable populations, and it is a City priority to provide Permanent Supportive Housing units ("PSH Units") in order to achieve the City's goal of ending chronic homelessness under Directions Home, the City's plan to make homelessness rare, short-term and non- recurring (City Council Resolution No. 3203-05-2005); WHEREAS, in order to assist the City in meeting its Directions Home goals, the Corporation operated a Permanent Supportive Housing Program (the "PSH Program") on behalf of the City to provide supportive services, including case management and other social services (the "PSH Services"), to tenants of the PSH Units who were formerly chronically homeless (the "PSH Tenants"); WHEREAS, on September 18, 2018, the Corporation adopted a resolution authorizing a contract with Day Resource Center for the Homeless doing business as DRC Solutions ("DRC Solutions") to fund case management services for PSH Tenants at three sites for up to three years; WHEREAS, to continue case management services at the three original locations and two additional sites, it is recommended that the Corporation execute a new contract with DRC Solutions; and WHEREAS, the Board desires for the Corporation to enter into a three-year contract for PSH Services with DRC Solutions for up to $499,685.00 for the initial term and up to $178,311.00.00 per year for the two one-year renewal options. NOW THEREFORE, BE RESOLVED BY THE BOARD OF DIRECTORS OF THE FORT WORTH HOUSING FINANCE CORPORATION: 1. THAT the Board approves the execution and delivery of a three-year contract with two one-year renewal options by and between the Corporation and Day Resource Center for the Homeless doing business as DRC Solutions in an amount up to $499,685.00 for the initial three-year term and up to $178,311.00, per year for each renewal term, if exercised, for PSH Services ("Contract"). 2. THAT the Board approves the execution and delivery of any related documents, contracts or agreements necessary for the completion of the activities contemplated in the Contract. 3. THAT Fernando Costa, General Manager of the Corporation, or Victor Turner, Assistant General Manager of the Corporation, or their respective duly appointed successors, are each authorized to execute and deliver the Contract for and on behalf of the Corporation and any related documents necessary to implement the Contract, and each may extend, modify and amend the Contract, provided any such extensions, modifications and amendments are in compliance with the goals and purposes of the Corporation as amended from time to time. 5. THAT this Resolution takes effect on the date of its adoption. AND IT IS SO RESOLVED. Adopted September 14, 2021 FORT WORTH HOUSING FINANCE CORPORATION By: �.p.roS....E.. F�o.r,.es........ Carlos Flores, President