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HomeMy WebLinkAboutResolution Fort Worth Housing Finance Corporation (FWHFC) FWHFC-2018-01RESOLUTION NO. FWHFC-2018-01 FORT WORTH HOUSING FINANCE CORPORATION A RESOLUTION AUTHORIZING AN AGREEMENT WITH FORT WORTH HOUSING SOLUTIONS AND TARRANT COUNTY HOMELESS COALITION TO RETAIN STRATEGIC COMMUNITY SOLUTIONS, LLC TO PROVIDE CONSULTING SERVICES FOR AN AFFORDABLE HOUSING STRATEGIC PLAN WHEREAS, the City Council of the City of Fort Worth ("City") has adopted development and revitalization of the City's neighborhoods and affordable housing stock as a strategic goal, and City citizens and the City Council have determined that quality accessible affordable housing is needed for moderate, low and very low income City citizens; WHEREAS, the City Council created the Fort Worth Housing Finance Corporation (the "Corporation") in 1979 pursuant to the Texas Housing Finance Corporations Act, Chapter 394 of the Texas Local Government Code, to facilitate neighborhood revitalization and housing initiatives in the City, including but not limited to issuing tax exempt bonds, developing, rehabilitating and promoting housing, and assisting low to moderate income City citizens in acquiring quality, accessible, affordable housing through lending and construction activities; WHEREAS, the Corporation seeks to promote neighborhood revitalization and homeownership and foster the development of reasonably priced quality housing throughout the City by developing partnerships among the City, the Corporation, local governments, lenders, private industry and nonprofit housing organizations; WHEREAS, the City needs a roadmap for affordable housing to communicate baseline understanding of current affordable housing conditions, identify opportunities to provide affordable housing and fill gaps in existing programs and services, establish a vision for affordable housing initiatives among partner organizations, create a policy framework of goals and priorities for actions needed to achieve the vision, and define action items and partner responsibilities and milestones to measure success; WHEREAS, the Housing Authority of the City of Fort Worth d/b/a Fort Worth Housing Solutions and Tarrant County Homeless Coalition have agreed to share the cost of a consultant to assist in the preparation of a strategic plan for the development of affordable housing in the City; WHEREAS, Strategic Community Solutions, LLC has been selected to provide consulting services in order to assist in the development of an affordable housing strategic plan for the City by establishing a baseline of existing programs and plans from local entities, conducting stakeholder interviews and workshops, collecting and analyzing data, and drafting a strategic plan; RESOLUTION NO. FWHFC-2018-01 PAGE 2 WHEREAS, Fort Worth Housing Solutions has agreed to pay 45% and Tarrant County Homeless Coalition has agreed to pay 10% of the cost of $22,400.00 for the consultant with the Corporation paying the remaining 45%; WHEREAS, other affordable housing organizations, including the Tarrant County Housing Finance Corporation, Housing Channel and Trinity Habitat for Humanity will be part of the discussions and meetings; and WHEREAS, the Board desires to approve an agreement with Fort Worth Housing Solutions and Tarrant County Homeless Coalition to retain Strategic Community Solutions, LLC to provide consulting services for an affordable housing strategic plan for the City. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE FORT WORTH HOUSING FINANCE CORPORATION: 1. THAT the Board authorizes the execution and delivery of an agreement (the "Agreement") by and between the Corporation, Fort Worth Housing Solutions, Tarrant County Homeless Coalition and Strategic Community Solutions, LLC for consulting services for an affordable housing strategic plan for a total cost of $22,400.00. 2. THAT the Board authorizes the Corporation to pay 45% of the cost of the consulting services provided by Strategic Community Solutions, LLC. 3. THAT Fernando Costa, General Manager of the Corporation, or Aubrey Thagard, Assistant General Manager of the Corporation, or their duly appointed successors, are each authorized to execute and deliver the Agreement for and on behalf of the Corporation along with any related documents necessary to implement the Agreement, and each is authorized to extend, modify and amend the Agreement, provided any such extensions, modifications and amendments are within the scope of the projects, and in conformance with the goals and purposes of the Corporation's affordable housing programs, as amended from time to time. 4. THAT this Resolution takes effect from the date of its adoption. AND IT IS SO RESOLVED. Adopted February 6, 2018. FORT WORTH 11-OUSING FINANCE CORPORATION , President