Title
Approval of a Resolution Authorizing a Grant Agreement with Interfaith Works for Construction of a Homeless Shelter, Phase 1 of Redevelopment of 2828 Martin Way East
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve a Grant Agreement between the City of Olympia and Interfaith Works for construction of a homeless shelter, Phase 1 of Redevelopment of 2828 Martin Way East.
Report
Issue:
Whether to approve a Grant Agreement between the City and Interfaith Works for construction of a homeless shelter, Phase 1 of Redevelopment of 2828 Martin Way East.
Staff Contact:
Cary Retlin, Housing and Homeless Response Program Manager, 360.570.3956
Presenter(s):
None. Consent item.
Background and Analysis:
The Home Fund Advisory Board recommended a total award of $1,100,000 for development of a low income supportive housing and shelter project on the City's 2828 Martin Way E. property. This property was acquired with Home Fund proceeds for use as a supportive housing and housing-related services project in accord with RCW 82.14.530. The City of Olympia entered into a Real Estate Purchase and Sale Agreement with the Low Income Housing Institute (LIHI) in 2019, with the intention that the property be developed into a supportive housing facility. LIHI is acting as the developer of this project and is partnering with Interfaith Works (IW) to operate the shelter. LIHI will develop 64 supportive housing units.
The general purpose of this Grant Agreement between the parties is to provide funding to Interfaith Works for the development and construction of a 24/7 enhanced homeless shelter with up to sixty (60) beds and support facilities on the ground floor. The total grant funding authorized by this agreement from the City of Olympia Home Fund to Interfaith Works is $500,000 for capital funding of the Interfaith Works shelter located at 2828 Martin Way East, Olympia, WA (EXHIBIT A). Funding is pro...
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