SUBJECT
title
Public Hearing allowing interested persons to comment on the 2024-2025 One-Year Action Plan that identifies the projects proposed to be funded by the U.S. Department of Housing and Urban Development (HUD). The City anticipates receiving $3,032,219.00 in the 50th Action Year Community Development Block Grant (CDBG) funds, $957,641.00 through the HOME Investment Partnership Program (HOME), and $283,641.00 through the Emergency Solutions Grant (ESG). An additional $80,000.00 is anticipated to be received in Housing Rehabilitation Revolving Loan Funds, and $125,000.00 in HOME program income. The follow projects proposed:
50th AY Community Development Block Grant
1) Community Development Administration $606,000.00
2) Housing Rehabilitation Administration $355,866.00
3) Housing Rehabilitation Loan Program $578,292.00
4) Code Enforcement $625,000.00
5) Homeless Services- Bethany House Expansion Project $440,000.00
6) Section 108 Loan Repayment $300,000.00
7) Rental Rehabilitation Program $127,061.00
TOTAL: $3,032,219.00
Revolving Loan
8) Housing Rehabilitation Revolving Loan Administration $7,000.00
9) Housing Rehabilitation Revolving Loan Program $73,000.00
TOTAL: $80,000.00
HOME Investment Partnership Grant
10) HOME Program Administration $95,000.00
11) Down Payment Assistance Program $180,000.00
12) Tenant-Based Rental Assistance (PI&EN) $307,641.00
13) Community Housing Development Organization (CHDO) $200,000.00
14) Homeowner Reconstruction Program $150,000.00
15) HOME Affordable R...
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