SUBJECT
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Approve the First Amendment to the American Rescue Plan Fund Agreement with Heart for Winter Haven. (No Fiscal Impact)
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DESCRIPTION
On March 11, 2021, the American Rescue Plan Act of 2021 was signed into law which included the Coronavirus State and Local Fiscal Recovery Funds (CSLFRF). The Act was designed to facilitate the United States’ recovery from the COVID pandemic. Of the $1.9 trillion approved, approximately $140.8 million was appropriated to Polk County BoCC. The Fiscal Recovery Funds are intended to provide to local government economic relief in response to the impacts of COVID.
A portion of the ARP Funding, $10.5 million, was allocated to address COVID’s impact on public health and economic harm to households, small businesses, nonprofits, and impacted industries. In October 2021, the Board of County Commissioners requested and received proposals from applicants who qualified based upon the criteria that 1) the business/non-profit is located in Polk County, 2) the business/non-profit has been active as of January 1, 2021, and 3) the business/non-profit was negatively impacted by COVID. The Board selected recipients to receive an ARP Fund award to address these impacts.
Heart for Winter Haven is actively collaborating with the City of Winter Haven, local contractors, developers, property management agencies and owners, and nonprofit and faith-based agencies committed to addressing the housing shortage plaguing the greater Winter Haven area.
The original agreement was signed by the Board on April 19, 2022. This amendment to the original contract will allow Heart for Winter Haven to purchase a multi-family complex and rent out up to five units to families. This amendment does not change the amount of the original award of $200,000.
RECOMMENDATION
Request the Board approve the first amendment to the Coronavirus State and Local Fiscal Recovery Funds American Rescue Plan Agreement with Heart for Winter Haven, Inc.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Christia Johnson
Budget and Management Services Director
Phone: 863-534-5985