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TO: Mayor Richard C. Irvin
FROM: Betty Hart, Director, Innovation & Strategy
DATE: December 10, 2021
SUBJECT:
A Resolution authorizing an extension of the current contractual agreement with The Neighbor Project (TNP) to continue services to the Aurora Financial Empowerment Center (FEC) and to allocate $100,485 of budgeted funds for The Neighbor Project through April 30, 2022.
PURPOSE:
To alleviate a break in services of financial counseling at the Aurora Financial Empowerment Center, CoA recognizes the value of our successful partnership with TNP and requests to continue our work together to serve the community and fulfill the term of the recently extended grant agreement with the Cities for Financial Empowerment through April 30, 2022.
BACKGROUND:
On December 17, 2019, City Council approved a resolution to accept a two-year matching grant from the Cities for Financial Empowerment (CFE) to create a Financial Empowerment Center (FEC) in the city of Aurora (ref. R19-412; Legistar 19-1079). The Neighbor Project was hired as the servicing contractors for the grant agreement with CFE which was executed in January 2020. The original term for this contractual agreement was set to expire on December 31, 2021. CFE has issued a second grant amendment to Aurora FEC and CFE Fund is providing a no-cost extension to City of Aurora ending the program grant no later than April 30, 2022. The City of Aurora, recognizing the value of our partnership with TNP and in order to alleviate a break in services, has prepared a contractual extension with TNP to match the new CFE term through April 30, 2022.
DISCUSSION:
The Aurora FEC counselors have successfully outperformed other cities despite their increasing caseloads, providing over 800 residents with essential professional counseling services and referral activity to partner agency services. The CFE, recognizing the increase in request for counseling services being experienced by FEC's countrywide, has granted an exte...
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