Grant Agreement Amendment - Tenderloin Housing Clinic, Inc. - Abigail Housing Ladder Program - Not to Exceed $15,496,140

File # 260363Ver. 1Resolution
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Summary

Resolution approving the second amendment to the grant agreement between the Tenderloin Housing Clinic, Inc. and the Department of Homelessness and Supportive Housing (“HSH”), for the Abigail Housing Ladder Program, extending the term by 36 months from June 30, 2026, for a total term of January 1, 2021, through June 30, 2029, and increasing the agreement amount by $5,526,944 for a new total amount not to exceed $15,496,140; and authorizing HSH to enter into any amendments or other modifications to the Amendment that do not materially increase the obligations or liabilities, or materially decrease the benefits to the City and are necessary or advisable to effectuate the purposes of the Agreement.

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Fiscal Impact