ACTION REQUESTED:
Title
Communication from the City Manager and the Community Development Director with a Request for the Following:
A. APPROVE the 2019 ANNUAL ACTION PLAN for Submittal to the Department of Housing and Urban Development (HUD), with a Total 2019 Grant Allocation of $2,568,241.00;
B. APPROVE the REALLOCATION of Prior Year Funds to Projects Outlined in the 2019 Annual Action Plan;
C. APPROVE the REALLOCATION of CDBG PROGRAM INCOME; and,
D. ADOPT an ORDINANCE Amending the City of Peoria 2019 REVISED ANNUAL BUDGET Relating to the CDBG Fund and Capital Fund to Reallocate CDBG Program Income to the Capital Fund, in the Amount of $4,670.00; and to Adjust the CDBG Fund and Home Fund Revenues and Expenditures to Reflect the 2019 Federal Grant Award.
Body
BACKGROUND:
A. Approval of 2019 Annual Action Plan
As a recipient of funds from the Department of Housing and Urban Development (HUD), the City is required to develop an Annual Action Plan that provides a summary of the activities and resources that will be used to address the goals of the City's 2014-2019 HUD Consolidated Plan.
This item is coming before the City Council in the middle of the year due to the delay in the US Government enacting a full year budget for FY 2019 and a delay in HUD providing yearly allocation amounts. Grantees are not allowed to submit the Annual Action Plan until allocations are announced.
The allocation amounts are based on the overall congressional budget for each program and the formula allocations based on population and demographics. In April 2019, HUD announced the City's 2019 grant allocation with approximately a 3% increase in CDBG funding, an 8% decrease in HOME funding, and a 4% increase in ESG funding.
Entitlement Grant
2019 Award Amount
Difference from 2018
CDBG
$1,766,783
Increase of $51,696
HOME
$ 655,929
Decrease of $59,926
ESG
$145,529
Increase of $5,928
After analyzing the 2019 grant award amounts, current programming, requested programm...
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