Title
Federal Community Development Block Grant and Home Investment Partnership Funding Recommendations for Fiscal Year 2023-24 Annual Action Plan
Recommended Action
1. Recommend and forward to the City Council allocations for approximately $131,500 for public service applicants as shown in Table 2 below and $2.23 million in capital projects for the Fiscal Year 2023-24 Annual Action Plan for Community Development Block Grant and Home Investment Partnerships Program funds as described in this report.
2. Related to Recommendation No. 1, if the actual Community Development Block Grant and Home Investment Partnership Program grant amount received from the U.S. Department of Housing and Urban Development for Federal Program Year 2023 is different from the estimated amount, then the increase or decrease will be proportionally allocated among applicants based on their awarded funding levels and up to the amount requested.
3. Recommend an estimated General Fund allocation of $171,000 and $95,540 of American Rescue Plan Act funding for Fiscal Year 2023-24 for public service applicants as shown in Table 3.
4. Related to Recommendation No. 3, if the adopted Fiscal Year 2023-24 City budget includes a General Fund amount different from the estimated $171,000, then the increase or decrease will be proportionally allocated to public services applications based on their awarded funding levels and up to the amount requested.