AGENDA CAPTION:
Title
Receive a staff presentation and provide guidance on reallocating prior years' Community Development Block Grant (CDBG) Funding, in preparation for the 2024-2025 Application Process.
Body
Meeting date: April 16, 2024
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]
Quality of Life & Sense of Place
Public Safety, Core Services & Fiscal Excellence
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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)]
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Background Information:
Annually the City receives about $713,000 in Community Development Block Grant, or CDBG, funding. This amount stays relatively steady each year so we expect to receive approximately this same amount for Fiscal Year 2025. The City must propose specific projects and programs for the entire $713,000 in new funding when we submit the annual action plan to HUD before August 16 of this year.
The allocation of CDBG funding takes place through an annual application and review process. Applications will be received by May 6, and the review committee will meet May 16 to create allocation recommendations. These r...
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