R-21-112
RESOLUTION
RELATIVE TO AMENDING THE FY2020 HUD ANNUAL ACTION PLAN TO
ACCEPT ROUND 3 CDBG-CV FUNDING UNDER THE 2020 CARES ACT
CITY OF NASHUA
In the Year Two Thousand Twenty One
RESOLVED by the Board of Aldermen of the City of Nashua that
WHEREAS the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)
included funding to be distributed pursuant to section 106 of the Housing and Community
Development Act of 1974 (42 U.S.C. 5306) to grantees that received allocations pursuant to that
same formula in federal fiscal year 2020;
WHEREAS the U.S. Department of Housing and Urban Development (HUD) was to
award Community Development Block Grant-Coronavirus (CDBG-CV) funds in three rounds to
prevent, prepare for, and respond to coronavirus;
WHEREAS R-20-029, passed by the Board of Aldermen on April 28, 2020, authorized
the City to accept Round One CDBG-CV funding in the amount of $390,913 and created the
COVID-19 Impact Fund Program;
WHEREAS HUD has awarded the City an additional $482,813 under Round Three
CDBG-CV funding, requiring the City to further substantially amend its FY2020 HUD Annual
Action Plan pursuant to HUD guidance; and
WHEREAS this substantial amendment will follow the CARES Act waiver provisions
related to virtual public hearings and reduced comment periods, to allow grantees to utilize
expedited procedures to prepare, propose, modify, or amend its statement of activities for grants
from amounts made available under CARES Act as well as funding under our FY2020 grant as
authorized under R-20-029.
NOW THEREFORE, BE IT RESOLVED by the Board of Aldermen of the City of
Nashua that the Round Three CDBG-CV CARES Act funding in the amount of $482,813 shall
be applied to the COVID-19 Impact Fund Program to assist in the stabilization of existing small
businesses within the City that have had significant disruption due to the impact of COVID-19,
consistent with the guidelines for said new Program; and
