Title
Public Hearing to Consider the Reallocation of Program Year 2014 Community Development Block Grant Funds
Recommended Action
Committee Recommendation:
The General Government Committee heard the plan for the Community Development Block Grant (CDBG) Program Year (PY) 2014 reallocation at their May 26th, 2021, meeting and approve this recommendation.
City Manager Recommendation:
Report
Hold a public hearing for the Reallocation of PY 2014 Community CDBG Funds
Issue:
Whether to hold public hearing for CDBG PY2014 reallocation.
Staff Contact:
Darian Lightfoot, CDBG Program Manager 360.280.8951
Presenter(s):
Darian Lightfoot, CDBG Program Manager
Background and Analysis:
The City will be completing a Substantial Amendment to the PY 2014 in order to reprogram unspent funds towards affordable housing efforts.
Staff propose to reallocate $65,820 of PY 2014 unspent funds to Homes First in order to provide single-family, health and safety rehabilitations to low-income renters.
Amendments to the CDBG Annual Action Plan require a 30-day public comment period. That period began on May 20, 2021 and will end on June 20, 2021. General Government Committee advanced this recommendation on May 26, 2021. Staff plans to bring final recommendations to the City Council at their June 22, 2021, business meeting, after incorporating all public comments, to adopt the amendment.
Neighborhood/Community Interests:
CDBG funds can be spent to meet the needs of low to moderate income individuals throughout the community.
Options:
1. Move to recommend the reallocation of existing CDBG Funds from PY 2014 with the incorporated public comments.
2. Provide staff with feedback and provide alternative direction.
3. Take other action.
Financial Impact:
There is $65,820 in PY 2014 available for reallocation. Staff provided a detailed recommendation at the May 26, 2021, General Government Committee meeting.
Attachments:
Budget Spreadsheet