Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 1-25-21
Requesting Agency: Finance
Division:
Subject Matter Expert Name:
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Name: Rory Regan |
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Email: rory.regan@denvergov.org |
Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).
Both the title and description must be entered between the red “title” and “body” below. Do not at any time delete the red “title” or “body” markers from this template.
title
A resolution approving and providing for the execution of a proposed Grant Agreement between the City and County of Denver and the United States of America concerning the “Emergency Rental Assistance” program and the funding therefor.
Approves a grant agreement with the United States Department of the Treasury to receive $21,884,992.10 in Emergency Rental Assistance funds to assist households that are unable to pay rent and utilities due to the COVID-19 pandemic (HOST-202157622). The last regularly scheduled Council meeting within the 30-day review period is on 3-8-21. The Committee approved filing this item at its meeting on 2-2-21.
body
Affected Council District(s) or citywide?
Contract Control Number: HOST-202157622
Vendor/Contractor Name (including any “DBA”): United States Department of the Treasury
Type and Scope of services to be performed:
The City and County of Denver has received $21,884,992.10 in federal Emergency Rental Assistance funds from the US. Department of Treasury to assist households who are unable to make rent and utility payments as a result of the Covid-19 pandemic.
The program guidelines allow for up to 90 percent of the funding to be used for rent, rental arrears, utilities and home energy costs; utilities and home energy costs arrears; and other expenses related to housing. Up to 10 percent of remaining funds are available for housing stability services, including case management and other services intended to keep households stably housed, and administrative costs. The Emergency Rental Assistance program is available to renter households earning up to 80 percent of the area median income (up to $54,950 for a single-person household, or up to $78,500 for a household of four). To qualify, households must include at least one member who qualifies for unemployment or has experienced a reduction in household income, incurred significant costs, or experienced a financial hardship due to COVID-19. Households must also demonstrate a risk of experiencing homelessness or housing instability. Eligible households that include an individual who has been unemployed for the 90 days prior to application for assistance and households with income at or below 50 percent of the area median income (up to $35,950 for a single-person household, or up to $50,000 for a household of four) are to be prioritized for assistance.
We know and understand the need is great in our community for this support. We are awaiting some additional guidance from Treasury in the coming weeks and will work with City Council to ensure they are deployed in accordance to the program guidelines and with emphasis on addressing those most in need. The Department of Finance has engaged both HOST and DHS to discuss how these funds might best complement our existing eviction assistance and TRUA programs.
Location (if applicable):
WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts):
Are WBE/MBE/DBE goals met (if applicable)?
Is the contract new/a renewal/extension or amendment?
Was this contractor selected by competitive process or sole source?
For New contracts
Term of initial contract: January 1, 2021 to December 31, 2021
Options for Renewal:
How many renewals (i.e. up to 2 renewals)?
Term of any renewals (i.e. 1 year each):
Cost of initial contract term: $21,884,992.10
Cost of any renewals:
Total contract value council is approving if all renewals exercised:
For Amendments/Renewals Extensions:
Is this a change to cost/pricing; length of term; terms unrelated to time or price (List all that apply)?
If length changing
What was the length of the term of the original contract?
What is the length of the extension/renewal?
What is the revised total term of the contract?
If cost changing
What was the original value of the entire contract prior to this proposed change?
What is the value of the proposed change?
What is the new/revised total value including change?
If terms changing
Describe the change and the reason for it (i.e. compliance with state law, different way of doing business etc.)