To: Honorable Mayor and Members of City Council
From: Vincent Smith, Community Development Director
Prepared By: Lark Ferrell, Housing Manager
TITLE:
Title
Community Development Block Grant (CDBG) Program Second Amended Annual Action Plan for CARES Funding
LABEL
RECOMMENDED ACTION:
Recommendation
Adopt a resolution approving the Community Development Block Grant (CDBG) Program 2019-2020 Second Amended Annual Action Plan, approving a budget revenue and expenditure increase of $740,756 as documented in Budget Adjustment No. BE2102502, approving program certifications, and authorizing the City Manager to execute all documents required for the submittal of the Second Amended Annual Action Plan to HUD.
Body
DISCUSSION:
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law providing approximately $2T for emergency assistance and health care response for individuals, families, and businesses affected by the COVID-19 pandemic. One of many funding allocations included in the CARES Act was funding to the U.S. Department of Housing and Urban Development (HUD) for various programs administered by HUD including the Community Development Block Grant (CDBG) Program.
As a recipient of CDBG funding, the City is required to adopt an Annual Action Plan which identifies how the City will allocate its annual CDBG allocation. The City originally approved its 2019-2020 Annual Action Plan in June 2019. However, due to the award of $347,340 CDBG CARES (CDBG-CV) funding in April 2020, the City amended the 2019-2020 Annual Action Plan to include how this unanticipated funding would be allocated.
HUD recently awarded the City a second allocation of CDBG-CV funding in the amount of $740,756. Even though the term of the 2019-2020 Annual Action Plan has ended, HUD is requiring the City to allocate this additional CDBG-CV funding in the same Annual Action Plan as it used for the initial CDBG-CV allocation. Therefore, although ...
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