Agmt20 CDBG - Rebuilding Together Peninsula (NRD - Home Rehab Program)

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AGREEMENT REBUILDING TOGETHER PENINSULA (National Rebuilding Day (NRD) - Home Rehabilitation Program) THIS AGREEMENT, made and entered into as of the 25th day of September , 2020 (the "Effective Date"), by and between the CITY OF REDWOOD CITY, a charter city and municipal corporation of the State of California ("City") and REBUILDING TOGETHER PENINSULA, a California nonprofit organization ("Subrecipient"; collectively the "Parties") WITNESSETH: WHEREAS, the United States Department of Housing and Urban Development ("HUD") Community Development Block Grant Program ("CDBG"), authorized pursuant to Title I of the Housing and Community Development Act of 1974 (P.L. 93-383), as amended (the "Act"), provides the City with federal entitlement grant funds to finance a continuum of activities ranging from public services to economic development and the preservation and production of affordable housing; and WHEREAS, Subrecipient provides certain services through programs, including the Project described in Exhibits "A" ("Program & Quantitative Goals"), and "B" ("Program Budget"), attached hereto and made a part hereof; and WHEREAS, Subrecipient has requested financial assistance from CDBG funds in order to conduct the Project described in Exhibit A for residents of the City during the period from the Effective Date, and ending June 30, 2021 (the "Subaward Period of Performance") NOW, THEREFORE, the Parties hereby agree as follows: 1. FINANCIAL ASSISTANCE. City will allocate to Subrecipient the sum of Twenty Thousand Five Hundred Forty and No/100 Dollars ($20,540) (the "Subaward") for exclusive use by Subrecipient during the Subaward Period of Performance from the Effective Date, and ending June 30, 2021, solely for the purposes described in Paragraph 3. REV: 10-14-2020 SK ATTY/AGR.2020.141/REBUILDING TOGETHER PENINSULA (Page 1 of 20)