Title
Public Hearing for a Resolution Authorizing Submission of the 2020-2024 Five-Year Consolidated Plan and 2020-2021 Annual Action Plan Application for $4,810,948 US Department of Housing and Urban Development Entitlement Funds
Body
Council Priority: Ensure Fiscal Stewardship, Transparency, and Accountability
Department: Neighborhood Development
Council District: All
Public Hearing: Yes
Advertising Date/By: July 7, 2020/Neighborhood Development
Contact 1 and Phone: Stan Wilson, 373-2509
Contact 2 and Phone: Lamont Taylor, 373-2538
PURPOSE:
As a condition of receiving federal Housing and Urban Development (HUD) formula grants funds, the City of Greensboro must submit a Consolidated Plan every five (5) years and an application (the Annual Action Plan) on behalf of Greensboro and HOME Program Consortium member jurisdictions Burlington, Guilford, and Alamance counties. The 2020-2024 Consolidated Plan and 2020-2021 Annual Action plan is due to HUD by August 1, 2020 after City Council approval.
Click here to review the 2020-2024 Consolidated Plan and 2020-2021 Annual Action Plan: https://documentcloud.adobe.com/link/track?uri=urn:aaid:scds:US:a8bc85bc-e1de-4967-a864-dca362a3375e
BACKGROUND:
The Consolidated Plan describes how the City and HOME Consortium partners plan to meet ongoing commitments and mandates using anticipated awards over the next five (5) years and the Annual Action Plan application describes how the City and HOME Consortium partners plan to meet ongoing commitments and mandates using anticipated FY 2020-2021 awards from the following sources:
HUD Funding for the City of Greensboro and Greensboro HOME Consortium ($4,810,948)
Community Development Block Grant (CDBG): $2,260,258
Emergency Solutions Grant (ESG): funding to assist homeless persons secure permanent housing: $195,930
Housing Opportunities for Persons With AIDS (HOPWA): $533,970
Home Investment Partnership Program (HOME) - The City of Greensboro is the administrative agent for...
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