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Meeting Date:	04/12/2021
Intent to Apply for FY 2021 Texas Emergency Mortgage Assistance Program
Submitted for:	Silvia Martinez	Submitted By:	Silvia Martinez
Department:	Water Utilities

Subject:

Discussion and possible action to authorize the Economic Development Department to develop and submit an application for the Texas Emergency Mortgage Assistance Program (TEMAP) in the amount of FIVE HUNDRED THOUSAND DOLLARS ($500,000) and to authorize the County Judge to sign all relevant documents. This grant does NOT require a County Match. All required documentation has been submitted for review to the Economic Development Department and the solicitation is compliance with Webb County Single Point of Contact (SPOC) procedures. No impact to the General Fund. [Requested by Economic Development]

Issue: There is a great need for mortgage assistance in Webb County due to the financial hardships created by the Covid-19 Pandemic.

Solution: This grant will allow Webb County to assist eligible non-entitlement residents throughout Webb County, Texas affected by COVID-19 with mortgage assistance.

Result: If approved, funding would provide mortgage assistance for eligible non-entitlement residents affected by COVID-19.

Background:

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Previous Court Action:

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Fiscal Impact

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Funding Source:	N/a
Balance:	N/a
Financial Impact:
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Budget Account Number:	N/a
Funding Source:	N/a
Balance:	N/a
Financial Impact:
N/a