AGENDA CAPTION:
Title
Receive an update on the Community Development Block Grant (CDBG) Annual Entitlement Funding.
Body
Meeting date: May 2, 2023
Department: Planning and Development Services
Amount & Source of Funding
Funds Required: Click or tap here to enter text.
Account Number: Click or tap here to enter text.
Funds Available: Click or tap here to enter text.
Account Name: Click or tap here to enter text.
Fiscal Note:
Prior Council Action: Click or tap here to enter text.
City Council Strategic Initiative: [Please select from the dropdown menu below]
Workforce Housing
Choose an item.
Choose an item.
Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
? Economic Development - Choose an item.
? Environment & Resource Protection - Choose an item.
? Land Use - Choose an item.
? Neighborhoods & Housing - Well maintained, stable neighborhoods protected from encroachment of incompatible land uses
? Parks, Public Spaces & Facilities - Choose an item.
? Transportation - Choose an item.
? Core Services
? Not Applicable
Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
Choose an item.
Background Information:
The City receives approximately $700,000 annually from the US Department of Housing and Urban Development (HUD) in Community Development Block Grant (CDBG) Entitlement Funding. In addition, the City received $993,086 in CDBG Coronavirus Relief funding in 2019 and 2020. This purpose of this presentation is to provide an update on the allocation and expenditure of this funding.
After a brief overview of the overall requirements for the funding, staff will provide an update on the projects and programs funded over the past four years. Major points of the presentation are summarized below:
CDBG Coronavirus Funding: 81% has been expended. $188,443 remains, which is allocated to a rent and utility assistance program opening in May, 2023. Of the...
Click here for full text