ACTION REQUESTED:
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Communication from the City Manager and the Community Development Director with a Request to APPROVE the DRAFT 2015 CDBG, HOME and ESG BUDGETS for the Anticipated 2015 Grant Allocation from the U.S. Department of Housing and Urban Development (HUD).
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BACKGROUND:
The City of Peoria is considered an entitlement jurisdiction by the U.S. Department of Housing and Urban Development (HUD). As such, funds from the federal government, through HUD, are allocated to the City of Peoria on an annual basis by the use of a formula. Unlike many grants, there is no competitive application for these funds. Each entitlement jurisdiction receives a set amount based upon Congressional funding and adjustments to the allocation formula. The City receives three formula grants: 1) Community Development Block Grant (CDBG); 2) HOME Investment Partnership Grant and 3) Emergency Solutions Grant (ESG).
In anticipation of the 2015 grant allocation, staff must prepare and submit to HUD an Annual Action Plan that provides a concise summary of the actions, activities, and the specific federal and non-federal resources that will be used to address the priority needs and specific goals of the current 2014-2018 Consolidated Plan. For past submissions, HUD has allowed the City to estimate the amount of funds to be awarded to complete and submit the Plan prior to the January 1st start date of the program year (plan submission in November of the preceding year). Recent HUD guidance has instructed the City to only submit the Plan using the actual allocation of awarded grants funds. This guidance has provided additional time to develop the Plan even when the 2015 program year started on January 1st. It is anticipated that the funding allocation announcements will be made in March / April of 2015.
The publication of the 2015 Annual Plan will follow the City's Citizen Participation Plan which includes a public comment period and approval by the City Cou...
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