TITLE
Recommendation to approve the Fiscal Year 2016 Action Plan and the Second Substantial Amendment to the Fiscal Year 2015 Action Plan for the expenditure of Community Development Block Grant, Home Investment Partnership Grant, and Emergency Solutions Grant Funds; and
Authorize City Manager, or his designee, to execute all necessary documents with the United States Department of Housing and Urban Development to receive these funds, and execute agreements necessary to implement and comply with related federal regulations. (Citywide)
DISCUSSION
The United States Department of Housing and Urban Development (HUD) requires the City to develop and submit a Five-year Consolidated Plan (Consolidated Plan) and an annual Action Plan that furthers the goals established in the Consolidated Plan for use of Community Development Block Grant (CDBG), Home Investment Partnership Grant (HOME), and Emergency Solution Grant (ESG) funds. The current Consolidated Plan was approved by the City Council and HUD in 2012, and is valid from October 1, 2012, through September 30, 2017. HUD requires that the City Council review and approve an annual Action Plan that describes how HUD funds will be used to support programs and services, which principally benefit low- and moderate-income residents, consistent with the Consolidated Plan as approved. The Fiscal Year 2015-2016 (FY 16) Action Plan will be the fourth Action Plan developed under the current Consolidated Plan.
The following table describes the HUD funding proposed for the FY 16 Action Plan.
FY 16 Action Plan Budget
Available Funds CDBG ESG HOME TOTAL
New Entitlement $5,641,153 $509,063 $2,099,457 $8,249,673
Program Income $120,000 $0 $1,000,000 $1,120,000
Total Available Funds $5,761,153 $509,063 $3,099,457 $9,369,673
The attached FY 16 Action Plan and Second Substantial Amendment (Amendment) to the FY 15 Action Plan (Exhibit A) describe in detail the proposed programs and services to be funded during the period of Oct...
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