ACTION REQUESTED:
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Communication from the City Manager and Director of Community Development with a Request to RECEIVE and FILE an Update on CDBG FUNDING Related to COVID-19.
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BACKGROUND: As part of the CARES Act, the City of Peoria will receive $1,087,562 in Community Development Block Grant (CDBG) funds.
In addition, the City could choose to reallocate prior year funds to respond to COVID-19. To reallocate funds, a substantial amendment would be prepared by staff and a draft made available for public comment. The City Council could approve the amendment that would include the reallocation of funds at the 4/28 meeting. This amendment is submitted to HUD for approval with funds available immediately after submission to HUD.
What we know:
* HUD has reduced the public comment period for a substantial amendment for prior year funds from 30 days to 5 days.
* HUD has eliminated the requirement of an in person public hearing for public comments. Residents must still be giving reasonable notice to provide an opportunity to comment.
* Approximately $90,000 is ready to be reallocated from projects that came in under budget.
* The City can also reallocate $600,000 in funds set aside for other projects that have no commitments in place. Please see the chart below for possible funds to reallocate.
Project
Year of Funding
Amount
Notes
Health Department Partnership
Various
$11,801.34
Remaining funds from rehab program
Public Service
2019
$7,008.00
Unspent 2019 Funds
Sidewalks
2018
$20,784.73
Project Under Budget
Public Improvements
2018
$50,000.00
Infrastructure
Total
$89,594.07
Project
Year of Funding
Amount
Notes
Competitive Grant
2018
$250,000.00
East Bluff - NOFA
Competitive Grant
2019
$350,000.00
South Village - NOFA
Total
$600,000
What we do not know yet:
* We do not know yet what waivers HUD will issue related to the use of prior year CDBG funds. Summaries of the legislation stated that the public service cap would be eliminated for 2019 a...
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