TITLE:
title
FISCAL YEAR (FY) 2024-2025 ANNUAL ACTION PLAN IDENTIFYING FUNDING PRIORITIES FOR THE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) AND HOME INVESTMENT PARTNERSHIPS GRANT (HOME) PROGRAMS
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DEPARTMENT: ECONOMIC AND DEVELOPMENT SERVICES DEPARTMENT/HOUSING AND COMMUNITY DEVELOPMENT DIVISION
PRESENTED BY: MIKELLE DAILY, GRANT ADMINISTRATOR
CONTACT INFORMATION: MIKELLE DAILY, GRANT ADMINISTRATOR, (714) 754-5678
RECOMMENDATION:
recommendation
Staff recommends the City Council:
1. Hold a Public Hearing regarding the FY 2024-2025 Annual Action Plan.
2. Approve the recommended allocation of $1,189,331 for FY 2024-2025 Community Development Block Grant, which includes the annual allocation of $971,431 prior year(s) uncommitted program funds in the amount of $187,000, and $30,900 in CDBG program income (CDBG lien/loan repayment).
3. Approve the recommended allocation of $558,943 for the Fiscal Year 2024-2025 HOME Investment Partnerships Grant, which includes the annual allocation of $395,571 prior year(s) unused administrative resources in the amount of $54,702, and $108,670 in program income (HOME lien/loan repayments).
4. Adopt Resolution No. 2024-XX in order to:
a. Approve the FY 2024-2025 Annual Action Plan.
b. Authorize the City Manager, or the City Manager’s designee, to submit the FY 2024-2025 Annual Action Plan to the U.S. Department of Housing and Urban Development.
c. Designate the City Manager, or the City Manager’s designee, as the official representative of the City to administer the programs and to execute and submit all required agreements, certifications, and documents required by HUD, and execute all subrecipient agreements for the use of funds approved in the FY 2024-2025 Annual Action Plan.
5. Provide direction regarding an update of our Public Service Grant guidelines and rating rubric as described in the staff report.
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