Consider and take appropriate action to approve subaward amendment/modification No. 3 to the Contract No. 4400006882 with Mobile Loaves & Fishes, Inc. for the Burleson Project loan package

Staff Report & Agenda Item Details

Travis County has committed over $117,000,000 to boldly address homelessness and catalyze the development of deeply affordable housing and build a pipeline of supportive housing units. The Supportive Housing Initiative Pipeline (SHIP) LFRF-ARPA allocation, as set out in the subaward with Mobile Loaves & Fishes, provides support for the development of 640 new units of supportive housing. This project has been under development since the summer of 2023.<br><br>On December 20, 2024, Travis County Commissioners Court approved Amendment/Modification #2 to Subaward for Affordable Housing for the Homeless between County of Travis and Mobile Loaves & Fishes, Inc., providing an additional $1,000,000 for the project. This amendment/modification No. 3 provides for a revised loan package to secure the same $1,000,000.