Title
Resolution Authorizing the Use of $1,611,310 Community Development Block Grant Coronavirus (CDBG-CV) Funds and the Conduct of CDBG-CV Program Activities
Body
Council Priority: Ensure Fiscal Stewardship, Transparency, & Accountability
Department: Neighborhood Development
Council District: All
Public Hearing: No
Advertising Date/By: N/A
Contact 1 and Phone: Stan Wilson; 373-2509
Contact 2 and Phone: Caitlin Bowers; 433-7266
PURPOSE: The Department of Housing and Urban Development (HUD) has awarded a third round of supplemental funding through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) that requires programming in the 2019-2020 Annual Action Plan.
BACKGROUND: The fourth Substantial Amendment to the 2019-2020 Action Plan includes the following Community Development Block Grant Coronavirus (CDBG-CV) allocation and program funding awarded through the CARES Act:
Third CARES Act Funding for the City of Greensboro ($1,611,310)
Community Development Block Grant Coronavirus (CDBG-CV): $1,611,310
Proposed Uses of Third CARES Act Funds:
Homelessness Prevention in the form of stabilization services, supportive housing, and/or to new HUD-eligible activities based on the community needs to prevent, prepare for, and respond to the Coronavirus pandemic.
BUDGET IMPACT: $1,611,310 in new federal CDBG-CV CARES Act grant funds will be available to prevent, prepare for, and respond to the Coronavirus pandemic in Greensboro.
RECOMMENDATION / ACTION REQUESTED: Request that Council adopt the attached resolution to authorize the programming and use of CDBG Coronavirus (CDBG-CV) funding.