Title
Fiscal Year 2017-18 CDBG/HOME Funding Cycle-Public Hearing.
Recommended Action
1. Allocate the maximum allowable amount, currently estimated at $90,000 in CDBG funds, to public service programs as shown in Table 3 of this Council report, with each agency receiving at least $5,000.
2. Allocate the Fiscal Year 2017-18 General Fund public services budget, currently recommended at $200,724, to public service programs as shown in Table 4 of this Council report.
3. Allocate an estimated $490,000 in Community Development Block Grant (CDBG) and $210,524 in Home Investment Partnership Program (HOME) funds to Fiscal Year 2017-18 capital projects as shown in Table 5 of this Council report.
4. Allocate the maximum allowable amount, currently estimated at $120,000 in CDBG and $20,000 in HOME funds, for the management and administration of the CDBG and HOME Programs.
5. If the actual allocations, program income, and/or carryover are more or less than the amounts estimated, proportionately allocate the difference to the capital project agencies based on their awarded funding levels up to the amounts requested; proportionately allocate the maximum allowable increased or decreased CDBG allocation and program income to public service agencies up to the amounts requested and no less than $5,000; proportionately allocate the maximum allowable increased or decreased CDBG and/or HOME allocation and program income to administration; and carry over remaining funds to Fiscal Year 2018-19 capital projects.
6. Reallocate $148,160.71 in Fiscal Year 2016-17 HOME funds to the Fiscal Year 2014-15 Tyrella Gardens rehabilitation project.
7. Adopt the Fiscal Year 2017-18 Action Plan in Attachment 1 to the Council report, as amended by the City Council’s decisions, and authorize the City Manager to execute the required forms and certifications and submit this document to the U.S. Department of Housing and Urban Development.
8. Direct staff to explore membership in the Santa Clara Cou...
Click here for full text