Title
Resolution Authorizing Submission of the Annual Action Plan Application for Community Development Block Grant (CDBG) Program Funds and the Conduct of CDBG Program Activities for the 2017-2018 Fiscal Year
Body
Department: Neighborhood Development
Council District: Citywide
Public Hearing: Yes
Advertising Date/By: July 3, 2017
Contact 1 and Phone: Barbara Harris; 373-2002
Contact 2 and Phone: Caitlin Bowers; 433-7266
PURPOSE: As a condition of receiving fiscal year 2017-2018 federal Housing and Urban Development (HUD) formula grants funds, the City of Greensboro must submit an application (the Annual Action Plan) on behalf of Greensboro and HOME Program Consortium member jurisdictions Burlington, Guilford, and Alamance counties by August 16, 2017 after City Council approval.
BACKGROUND: The Annual Action Plan describes how the City and HOME Consortium partners plan to meet ongoing commitments and mandates using the anticipated FY 2017-2018 awards.
CDBG Funding for the City of Greensboro ($2,122,442)
$1,972,442 HUD funds; $150,000 estimated program income
Proposed Uses of CDBG Funds:
Section 108 Loan Re-payment: $735,033 (mandated obligation)
Program Administration: $375,988
Fair Housing Administration: $18,500
South Elm Street Economic Development: $180,000
Citywide Housing Rehabilitation Program: $486,790
Homelessness Prevention: $176,130
Redevelopment Area Activities: $150,000
BUDGET IMPACT: $1,972,442 in new federal HUD grant funds and an estimated $150,000 in program income will be available to address affordable housing, economic development, and community revitalization needs in Greensboro.
RECOMMENDATION / ACTION REQUESTED: Request that Council conduct a public hearing to receive comment on the proposed FY 2017-2018 Annual Plan application and adopt the attached resolution to authorize submission of federal program plans and funding application to HUD.