AGENDA TITLE:
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Set a Public Hearing for May 1, 2024, to Consider Adopting a Resolution Approving the Draft 2024-2028 Consolidated Plan and 2024-2025 Annual Action Plan for the Community Development Block Grant Program (CD)
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MEETING DATE:
April 3, 2024
PREPARED BY:
Jennifer Rhyne, Neighborhood Services Manager
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RECOMMENDED ACTION:
Set a public hearing for May 1, 2024, to consider adopting a resolution approving the draft 2024-2028 Consolidated Plan and 2024-2025 Annual Action Plan for the Community Development Block Grant Program (CDBG)
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BACKGROUND INFORMATION:
A public hearing is required as part of the federal requirements under the U.S. Department of Housing and Urban Development (HUD) for the Community Development Block Grant (CDBG) program.
The 2024-2028 Consolidated Plan is a five-year planning document for the CDBG program, which also contains the 2024-2025 Annual Action Plan. The Consolidated Plan provides an outline of the City actions to be undertaken in the next five years, in regard to the priority needs and goals of the CDBG program. The Annual Action Plan presents a detailed description of each activity proposed for the next CDBG program year, as well as the City's CDBG budget and goals for that year.
Funding Allocation
HUD has not released the amount of CDBG awards for the 2024-25 program year. The City estimates that it will receive $600,000. The City has a guideline of allocating 40 percent of the annual CDBG award to community-based organizations (CBOs), with the remainder going to City projects. There is a 15 percent public service cap on the overall annual allocation.
The Draft 2024-2028 Consolidated Plan and Annual Action Plan will be available for public review and comment for 30-days and will be brought back for final approval on May 1, 2024. Due to delays in the congressional operations, the submission deadline for the Consolidated Plan and Annual Action Plan are tentative at this time; ...
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