Title
Approval of the Reallocation of Program Year 2014 Community Development Block Grant Funds
Recommended Action
Committee Recommendation:
The General Government committee recommends the approval of the reallocation of funds from Program Year (PY) 2014 Community Development Block Grant (CDBG) to PY 2020 for Home First rental rehabilitation projects.
City Manager Recommendation:
Move to approve the reallocation of funds from PY 2014 CDBG to PY 2020 for Home First rental rehabilitation projects.
Report
Issue:
Whether to reallocate unspent PY 2014 CDBG funds.
Staff Contact:
Darian Lightfoot, CDBG Program Manager 360.280.8951
Presenter(s):
None - Consent Calendar Item.
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.
The General Government Committee advanced this recommendation on May 26, 2021.
Amendments to the CDBG Annual Action Plan require a 30-day public comment period, which opened on May 20, 2021, and is open until June 20, 2021. No comments were received at the time of the publishing of the meeting packet.
Neighborhood/Community Interests (if known):
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 and offered an opportunity for public hearing on June 8, 2021.
Attachments:
CDBG PY2021 Proposed Budget