Primary Department: Housing and Community Development
Primary Department Head/Elected Official: Thao Costis, Executive Director
Secondary Department: N/A
Secondary Department Head/Elected Official: N/A
Regular or Supplemental RCA: Regular RCAType of Request: Contract - Amendment
Project ID (if applicable): D2017-089
Vendor/Entity Legal Name (if applicable): Magnificat Permanent Affordable, LLC
MWBE Contracted Goal (if applicable): The City of Houston, which is jointly funding the project, will set the MWBE contracted goal and monitor MWDBE compliance.
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: N/A - Goal is not 0% and is listed above
Grant Indirect Costs Rate (if applicable): N/A
Justification for 0% Grant Indirect Costs Rate (if applicable): N/A - Not a grant item
Request Summary (Agenda Caption):
title
Request for approval of the third amendment to the agreement with National Housing Partnership Foundation (NHPF) Caroline Conduit, LLC, and Magnificat Permanent Affordable, LLC., to reallocate budget line items to align the budget with the real costs of the project without affecting the overall project budget and to extend the project completion date to April 1, 2025 for the 3300 Caroline Street project.
end
Background and Discussion:
The parties desire to amend this Agreement for the Third Amendment to (i) increase the Harris County CDBG-DR Construction budget line-item from $6,577,449 to $6,697,449; (ii) to decrease the Construction Management budget line-item from $120,000 to $0; and (iii) to extend the project completion date to April 1, 2025. The total Harris County CDBG-DR budget of $10,248,169 will remain unchanged.
Expected Impact:
The expected impact is to allow the 3300 Caroline Street project additional time and to finish constructing the multifamily units. No fiscal impact on the County is anticipated.
Alternative Options:
The alternative option is that the project will not complete construction within the contracted timeframe.
County Strategic Plan Goal: 6. Help residents achieve housing stability.
County Strategic Plan Objective: W: Transition people experiencing homelessness into permanent supportive housing.
Justice/Safety Initiative (Goal 1): N/A
Infrastructure Initiative (Goal 2): N/A
Economy Initiative (Goal 3): N/A
Health Initiative (Goal 4): N/A
Climate/Resilience Initiative (Goal 5): N/A
Housing Initiative (Goal 6): W2: Increase stock of permanent supportive housing.
Additional notes related to the Strategic Plan:
Prior Court Action (if any):
|
Date |
Agenda Item # |
Action Taken |
|
07/10/18 |
III.1.2 |
Approval of and resolution to submit Harris County Supplemental Action Plan to the GLO |
|
08/11/20 |
8.h.1 |
Approval of funding for the 3300 Caroline Street Project |
|
04/05/22 |
108 |
Loan agreement approval |
|
08/02/22 |
288 |
Approval of the First Amendment 3300 Caroline Street Loan Agreement |
|
04/23/24 |
225 |
Approval of the Second Amendment to the 3300 Caroline Street Loan Agreement |
Location:
Address (if applicable): 3300 Caroline Street, Houston, Texas, 77004
Precinct(s): Precinct 1
|
Fiscal and Personnel Summary |
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Service Name |
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Current Fiscal Year Cost |
Annual Fiscal Cost |
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Labor |
Non-Labor |
Total |
Recurring Expenses |
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Funding Sources |
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Existing Budget |
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|
|
|
Grant |
$ |
$ |
$ |
$ |
|
Grant |
$ |
$ |
$ |
$ |
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Grant |
$ |
$ |
$ |
$ |
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Total Existing Budget |
$ |
$ |
$ |
$ |
|
Additional Budget Request (Requires Fiscal Review Request Form) |
|
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
|
Choose an item. |
$ |
$ |
$ |
$ |
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Total Additional Budget Request |
$ |
$ |
$ |
$ |
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Total Funding Sources |
$ |
$ |
$ |
$ |
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Grants - Proposed Budget (To be filled out by Grants staff only) |
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Labor |
Non-Labor |
Total |
No. of Grant Years |
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Local Match Source - Existing Budget: Choose an item. |
$0 |
$0 |
$0 |
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Local Match Source - Additional Budget Request: Choose an item. |
$0 |
$0 |
$0 |
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Grant Funds Applied for/Awarded (Total) |
$0 |
$0 |
$0 |
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Personnel (Fill out section only if requesting new PCNs) |
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Current Position Count for Service |
- |
- |
- |
- |
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Additional Positions Request |
- |
- |
- |
- |
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Total Personnel |
- |
- |
- |
- |
Anticipated Court Date: 5/8/2025
Anticipated Implementation Date (if different from Court date): Click or tap to enter a date.
Emergency/Disaster Recovery Note: Disaster Recovery related item
Contact(s) name, title, department: Sam Borders, Director, Multi-Family Housing Development, Harris County Housing and Community Development Department
Attachments (if applicable): Contract Amendment