5047897 Resolution 20-570, “Local Rent Supplement Program Contract No. 2014-LRSP-001A-Approval and Payment Authorization Emergency Declaration Resolution of 2014”

A RESOLUTION

                                                        

20-570

 

IN THE COUNCIL OF THE DISTRICT OF COLUMBIA

 

July 14, 2014         

 

 

To declare the existence of an emergency with respect to the need to approve an agreement to enter into a long-term subsidy contract  for a multiyear term of 15 years in support of the District’s Local Rent Supplement Program (“LRSP”) to fund housing costs associated with affordable housing units for Contract No. 2014-LRSP-001A with North Capitol Commons, LP for LRSP units located at 1005 N. Capitol Street, N.E., and to authorize payment for housing services to be received under the contract.  

 

RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this resolution may be cited as the “Local Rent Supplement Program Contract No. 2014-LRSP-001A-Approval and Payment Authorization Emergency Declaration Resolution of 2014”.

 

Sec. 2.  In 2007, the District passed Title II of the Fiscal Year 2007 Budget Support Act of 2006 (“BSA”) to provide funding for affordable housing for extremely low income households in the District.  The passage of the BSA created the Local Rent Supplement Program (“LRSP”), a program designed to provide affordable housing and supportive services to extremely low income District residents, including those who are homeless or in need of supportive services, such as elderly individuals or those with disabilities, through project-based, tenant-based and sponsored-based LRSP affordable housing units.  The BSA provided for the District of Columbia Housing Authority (“DCHA”) to administer the LRSP on behalf of the District. 

 

Sec. 3.  In November, 2013 DCHA received an unsolicited proposal for 17 Local Rent Supplement (“LRSP”) Project-Based Vouchers from North Capitol Commons, LP (“the Owner”). Pursuant to the District of Columbia Housing Authority Act of 1999, DCHA is to operate its LRSP as a Partnership Program. The Owner has been selected pursuant to the Partnership Program, which allows DCHA to award a Housing Assistance Payment contract without a competitive process after review by the Board of Commissioners. The DCHA Board of Commissioners approved a resolution granting the 17 LRSP vouchers, and upon approval of the contract by the Council, DCHA will enter into an agreement to enter into a long-term contract (“ALTSC”) with the Owner under the LRSP for housing services provided under the contract.

 

 

Sec. 4. (a) There exists an immediate need to approve an ALTSC with North Capitol Commons, LP under the DCHA’s Local Rent Supplement Program to provide long term affordable housing units for extremely low-income households in the District of Columbia for units at North Capitol Commons.

(b) The emergency legislation to approve the contract will authorize an ALTSC between the DCHA and North Capitol Commons, LP with respect to the payment of rental subsidy, and allow the owner to lease the rehabilitated units at North Capitol Commons and house District of Columbia extremely low income households with incomes at 30% or less of the area median income.

 

Sec. 5. The Council of the District of Columbia determines that the circumstances enumerated in sections 2,3, and 4 constitute emergency circumstances making it necessary that the Local Rent Supplement Program Contract No. 2014-LRSP-001A  Approval and Payment Authorization Emergency Act of 2014  be adopted after a single reading.

 

Sec. 6. This resolution shall take effect immediately.