AGENDA TITLE:
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Adopt a Resolution Accepting and Appropriating the 2024 Community Project Funding/Congressionally Directed Spending (CPF) Grant, in the Amount of $500,000 and Authorizing the City Manager to Execute the CPF Subrecipient Agreement in a Form Acceptable by the City Attorney (CD)
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MEETING DATE:
March 19, 2025
PREPARED BY:
Jennifer Rhyne, Neighborhood Services Manager
recommendation
RECOMMENDED ACTION:
Adopt a Resolution accepting and appropriating the 2024 Community Project Funding/Congressionally Directed Spending (CPF) Grant, in the Amount of $500,000 and authorizing the City Manager to execute the CPF Subrecipient Agreement in a form acceptable by the City Attorney
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BACKGROUND INFORMATION:
In the Consolidated Appropriations Act, 2024 (Public Law 118-42) (the FY2024 Act), and the Further Consolidated Appropriations Act, 2024 (Public Law 118-47) (the Further FY2024 Act), Congress made $3,290,054,336 in funding available for Community Project Funding (CPF). These CPF awards are administered by the Department of Housing and Urban Development (HUD).
City staff applied for CPF funds for rehabilitation costs of the Reimagined Housing on Main and was awarded $500,000. Although this funding was awarded late 2024, a request to accept and appropriate the funds was delayed until phase 1 of the rehabilitation project was completed and a draft grant agreement was received by HUD.
It is recommended that City Council adopt a resolution accepting and appropriating the CPF grant funds in the amount of $500,000 and authorizing the City Manager to execute the CPF subrecipient agreement in a form acceptable by the City Attorney because the final subrecipient agreement has not been received.
Attachment 1: Draft Subrecipient Agreement
Attachment 2: Capital Improvement Plan - Main Street Transitional Housing
Attachment 3: Resolution
STRATEGIC VISION:
4C. Housing: Continued progress towards Regional Housing Needs Assessment goals.
FISCAL IMPACT:
The 2024 CPF grant will provide $500,000 in funds to support the Reimagined Housing on Main phase 2 rehabilitation costs.
FUNDING AVAILABLE:
HPSJ-23001.Contracts.CPF24
Revenue: 35500000.56004 $500,000
Expenditures: 35599000.77020 $500,000
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John Della Monica
Community Development Director
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Scott R. Carney
City Manager