TITLE
Recommendation to approve the Fiscal Year 2015 Action Plan for the expenditure of Community Development Block Grant, Home Investment Partnership Grant, and Emergency Solutions Grant Funds. (Citywide)
DISCUSSION
The U.S. Department of Housing and Urban Development (HUD) requires the City to develop and submit a five-year Consolidated Plan (Con Plan) and an annual Action Plan that furthers the goals established in the Con Plan, for use of Community Development Block Grant (CDBG), Home Investment Partnership Grant (HOME), and Emergency Solution Grant (ESG) funds. The current Con 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 Con Plan as approved. This Fiscal Year 2015 (FY 15) Action Plan will be the third Action Plan developed under the current Con Plan.
The following table describes the HUD funding proposed for the FY 15 Action Plan:
The attached FY 15 Action Plan describes in detail the proposed programs and services to be funded during the period of October 1,2014, through September 30, 2015.
On May 21, 2014, the Long Beach Community Investment Company (LBCIC) conducted a Public Hearing to solicit public comment on the FY 15 Action Plan. Notices regarding the Public Hearing and the availability of the draft Action Plan were posted on the City Website for public review 30 days prior to conducting the second Public Hearing. An advertisement was published in the Press Telegram and Impacto USA announcing the availability of the draft Action Plan and details of the Public Hearing. In addition, several hundred stakeholders received an email notice about the Public Hearing and the availability of the draft Action Plan for review and comment. At the conclusion of the public hearing, the LBCIC voted unanimously to recommend that the City Council approve the draft FY 15 Action Plan.
This matter was reviewed by Deputy City Attorney Richard Anthony on May 22, 2014, and Budget Management Officer Victoria Bell on May 21,2014.
TIMING CONSIDERATIONS
City Council action is requested on June 10, 2014, as the FY 15 Action Plan must be submitted to HUD no later than August 15, 2014, forty-five days prior to the beginning of the new fiscal year.
FISCAL IMPACT
In FY 15, the City will receive $8,509,638 in CDBG, HOME and ESG entitlement funds that will be budgeted in the Community Development Grants Fund (SR 150) in the Department of Development Services (DV) through the annual budget process. These grant funds generate a broad, positive impact on job creation and retention within the community. Based on a HUD formula for job creation, the direct infusion of entitlement funds into programs that support local businesses and spur infrastructure and housing improvements will generate an estimated 150 jobs within the community.
SUGGESTED ACTION
Approve recommendation.
Respectfully Submitted,
AMY J. BODEK, AICP
DIRECTOR OF DEVELOPMENT SERVICES
APPROVED:
PATRICK H. WEST
CITY MANAGER