Title
CDBG and HOME Funding Recommendations for Fiscal Year 2026-27 Annual Action Plan
Recommended Action
1. Hold a public hearing to receive input on the draft Fiscal Year 2026-27 Annual Action Plan funding recommendations.
2. Recommend that the City Council approve the following draft Fiscal Year 2026-27 Annual Action Plan funding recommendations. If the actual Community Development Block Grant or HOME Investment Partnerships Program allocation amounts received by the City for Fiscal Year 2026-27 are different from the estimated amounts, recommend to Council that each of the funding recommendations be increased or decreased proportionally.
a. $2,774,339 for direct allocation projects, and $226,621 for program administration costs in Community Development Block Grant and HOME Investment Partnerships Program funds as shown in Table 3 of the memorandum.
b. $193,831 in Community Development Block Grant funding and $45,980 in supplemental General Housing Funds for public services as shown in Table 4 below of the memorandum.
c. $373,831 in General Housing Funds for contingency funding in the event that Fiscal Year 2026-27 CDBG funding is unable to be implemented as shown in Table 5 of the memorandum.
3. Recommend that the City Council approve the General Fund allocations of $171,000 for Fiscal Year 2026-27 for public service organizations as shown in Table 6 of the memorandum.