Resolution - Community Development: Consider a resolution authorizing the Mayor to execute Amendment No. 2 to Community Development Funding Contract 16001, and all related documents, with YWCA of Lubbock, to provide Childcare Assistance to qualified persons.
Item Summary
Grantee: YWCA of Lubbock Funding Source: Community Development Block Grant Coronavirus Relief and Economic Security Act CARES (CDBG CARES) funds from the Department of Housing and Community Development (HUD? Use of Funds: This is voucher program administered by YWCA through licensed childcare facilities in Lubbock, Texas, is for Childcare Assistance for low-income citizens of the City of Lubbock affected by COVID-19. Original Allocation: Up to $200,000 1st Amendment Allocation: Up to $700,000 (additional $500,000) 2nd Amendment Allocation Up to $1,100,000 (additional $400,000) Original Terms: October 1, 2021 - September 30, 2022 1st Amendment Terms: October 1, 2021 - September 30, 2023
The Community Development & Services Board (CDSB) met on November 9, 2022, and approved reallocation from Mortgage Assistance to Childcare Assistance. CDSB recommends to the City Council the reallocation of CDBG CARES funding to the Childcare Assistance Program.
Fiscal Impact
There is no fiscal impact to the General Fund. The maximum amount allocated to YWCA for the CDBG/CARES Childcare Assistance program is $1,100,000.
Staff/Board Recommending
Bill Howerton, Deputy City Manager Karen Murfee, Director of Community Development