TITLE
Recommendation to approve a first substantial amendment to the 2018-2022 Five-Year Consolidated Plan, Citizen Participation Plan, and Fiscal Year 2019-2020 Action Plan to incorporate emergency funds from the Coronavirus Aid, Relief and Economic Security Act (CARES Act), Community Development Block Grant Coronavirus (CDBG-CV) and Emergency Solutions Grant Coronavirus (ESG-CV), and approve a substantial amendment to the Fiscal Year 2017 and Fiscal Year 2018 Action Plans to reallocate Home Investment Partnerships Program (HOME) funds for COVID-19 response;
Authorize City Manager, or designee, to execute all necessary documents with the U.S. Department of Housing and Urban Development (HUD), and other entities necessary to receive these funds, and execute agreements necessary to implement and comply with related federal regulations; and
Increase appropriations in the Community Development Grant Fund Group in the Development Services Department by $5,465,696, offset by grant revenue. (Citywide)
DISCUSSION
On April 21, 2020, the City Council requested the City Manager to report back on ways that Long Beach households can utilize the Los Angeles County Countywide Emergency Rental Assistance Program, once implemented, and assess the feasibility of utilizing additional federal, state, and private funding sources to assist additional Long Beach families with emergency rental assistance during the COVID-19 crisis.
The Coronavirus Aid, Relief and Economic Security Act (CARES Act) was signed on March 27, 2020, to prevent, prepare for, and respond to the coronavirus pandemic (COVID-19). The CARES Act made available $5 billion in Community Development Block Grant Coronavirus (CDBG-CV) funds and $4 billion in Emergency Solutions Grant Coronavirus (ESG-CV) funds. The U.S. Department of Housing and Urban Development (HUD) is immediately allocating first-round funding of $2 billion based on the Fiscal Year 2020 (FY 20) CDBG formula and $1 billion based on the FY 20 ...
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