From
Katherine Garcia-Thomson
Title
Public hearing and ordinance adopting the PY 2017 CDBG and HOME Program budgets
Presenter
William A. Hills, Director, Housing and Neighborhood Services
Recommended Action
Approve
Analysis
Proposed 2017 CDBG
The Housing and Community Development Act of 1974, as amended, combines several previous federal programs for community development into a single block grant. CDBG activities must primarily benefit low and moderate-income persons and/or neighborhoods. Community development activities must meet 1 of 3 primary CDBG Objectives, decent housing, suitable living environment, or expanded economic opportunity.
Total CDBG funding has decreased by $51,135 from $1,407,661 (2016) to $1,356,526 (2017). As in previous years the number of CDBG proposals exceeded the amount of CDBG funds available. Attached is a summary of the 2017 proposed programs as Exhibit 1. The CDBG Program Development process included neighborhood public hearings in February, Request for Proposals (RFP) and the Housing and Community Improvement Commission (HCIC) priority rating meeting in June.
Exhibit 2 includes the proposed 2017 CDBG/HOME budget, which continues funding for existing CDBG/HOME programs based on the HCIC priority rating and staff's evaluation.
The Home Program was created by the National Affordable Housing Act of 1990 (NAHA) to provide decent affordable housing to lower-income households and to leverage private-sector participation.
Grand Prairie is receiving $393,889 for program year 2017, which is a decrease of $11,133 in HOME funds from last year's allocation of $405,022.
The Finance and Government Committee reviewed this item on July 18, 2017 and recommended that it be forwarded to City Council for final approval.
Financial Consideration
The 2017 CDBG and HOME Programs, funded by the U.S. Department of Housing and Urban Development (HUD), will commence on October 1, 2017 and end September 30, 2018. The total amount estima...
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