Title
FY 2007-08 Funding Recommendations and Annual Action Plan (Application) for Community Development Block Grant (CDBG) and HOME Investment Partnerships Program (HOME) Funds (B)
The City Commission is asked to consider recommendations for allocating CDBG and HOME funds for FY 2007-08 and to authorize the submission of an Annual Action Plan (application) to HUD based on the allocations that are approved by the City Commission.
Explanation
Each year, part of the City's CDBG funds is set aside for the City Housing Division, Block Grant Administration and Public Works projects. Likewise, part of the City's HOME funds is set aside for the City Housing Division and Block Grant Administration. In addition this year $28,000 has been set aside for a City playground improvement project and $50,000 for a homeless capital initiative, both from CDBG. The remaining CDBG and HOME funds are made available to nonprofit outside agencies and other public agencies through a competitive process that involves review and recommendations by the Citizens Advisory Committee for Community Development (CACCD).
The CACCD has formulated its recommendations on allocating the "competitive" CDBG and HOME funds as outlined in its report to the City Commission, which is included with the agenda back-up. The CACCD's recommendations total $248,921 for CDBG and $289,354 for HOME. Copies of the CDBG and HOME applications that were reviewed by the CACCD are on file in the Office of the Clerk of the Commission. The recommendations for funding the City Housing Division, Block Grant Administration, Public Works, and other set-asides are outlined below:
CDBG Set-Asides:
Block Grant Administration $283,594
City Housing Division $594,760
Public Infrastructure $212,695
Recreation/Parks Project $28,000
Homeless Capital Project $50,000
Total $1,169,049
HOME Set-Asides:
Block Grant Administration $85,355
City Housing Division $602,640
Total $687,995
The...
Click here for full text