Title
Amend Ordinance S-51553 for Senior Bridge Project (Ordinance S-51822) - District 8 & Citywide
Description
Request to amend Ordinance S-51553 to change the grantee for $750,000 for transitional housing project from Steel & Spark, LLC to Senior Bridge, LLC, an affiliate of Steel & Spark, LLC. Further request the City Controller to disburse all funds for the life of the contract.
Report
Summary
The Senior Bridge Project is an energy independent low-income housing development for seniors 55 and older, which will provide 40 units of transitional housing and up to 65 affordable housing units. Following the initial Council authorization via Ordinance S-51553 on December 18, 2024, the parties expressed a desire to make an adjustment to the entity name for the transitional housing portion of the project. Accordingly, the Office of Homeless Solutions requests Council authorization for the Senior Bridge Project to be amended to substitute Senior Bridge, LLC, an affiliate of Steel & Spark, LLC, as the recipient of the $750,000 in transitional housing funding.
This amendment addresses the $750,000 awarded for the transitional housing portion of the project originally authorized via Ordinance S-51553. The affordable housing portion of the project as approved on March 26, 2025 via Ordinance S-51736.
Contract Term
The term of the Contract will remain unchanged for a period of five years, beginning on or about December 18, 2024, with options to extend up to five years at the discretion of the City.
Financial Impact
The transitional housing portion of the project funded by ARPA remains unchanged, and there is no impact to the General Fund.
Concurrence/Previous Council Action
The Council previously reviewed and approved the following:
- On December 18, 2024, the City Council approved the Intergovernmental Agreement (IGA) with Maricopa County and related projects with Ordinance S-51553 under the entity name Steel & Spark, LLC.
- On March 26, 2025, the City Council authorized the award of affordable housing project funds to Senior Bridge, LLC with Ordinance S-51736.
Location
Senior Bridge, 2853 E. Van Buren Street
Council Districts: 8 and Citywide
Department
Responsible Department
This item is submitted by Deputy City Manager Gina Montes and the Office of Homeless Solutions.