Loading...
HomeMy WebLinkAboutCouncil Agenda StatementCITY OF NATIONAL CITY, CALIFORNIA COUNCIL AGENDA STATEMENT MEETING DATE: March 18, 2014 AGENDA ITEM NO. ITEM TITLE: Public Hearing No. 1 of 2 on the allocation of U.S. Department of Housing and Urban Development (HUD) Program Year 2014 entitlement grant funds, program income, and funds remaining from completed projects to Community Development Block Grant (CDBG) and HOME Investment Partnerships (HOME) Program activities proposed for the 2014-2015 Action Plan (Housing, Grants, and Asset Management) PREPARED BY: Angelita Marchante, Community Dev. Spei, DEPARTMENT: Hou.ing, Grants, & Asset PHONE: (619) 336-4219 Ma.ernent Department APPROVED BY: EXPLANATION: In accordance with the federal regulations at 24 CFR, Part 91, the City of National ity (City) is required to prepare and submit an Annual Action Plan for its Housing and Community Development Entitlement Programs funded by the U.S. Department of Housing and Urban Development (HUD). The Fifth -Year Action Plan for FY 2014-15 outlines how the City intends to spend $808,047 in federal Community Development Block Grant (CDBG) and $269,428 in federal HOME Investment Partnerships (HOME) Program entitlement funds. In addition to the funding sources noted above, the City will reprogram $15,944 in program income and $72,646 remaining from previously completed projects as well as reprogram $321,738 in HOME program income received. A second Public Hearing will be conducted at the regularly scheduled City Council meeting on May 6, 2014 to review public comments received during a 30-day public review period from March 25, 2014 through April 23, 2014, on the draft FY2014-15 Annual Action Plan; and to provide interested persons and community groups with one last opportunity to share their thoughts regarding the Plan and the CDBG and HOME Program activities being proposed for FY2014-15. After all public comments have been considered at the Public Hearing on May 6, 2014, the City Council will adopt the Fifth -Year Action Plan. FINANCIAL STATEMENT: APPROVED: Finance ACCOUNT NO, APPROVED: MIS The City will receive an estimated $808,047 in CDBG and an estimated $269,428 in HOME Program funds for FY2014-15. In addition, the City will reprogram to FY2015 HOME activities $321,738 of program income received in Fund 505. The City will also reprogram $15,944 in program income and $72,646 of CDBG entitlement funds from completed projects toward FY2015 CDBG activities. ENVIRONMENTAL REVIEW: Not applicable. ORDINANCE: INTRODUCTION: FINAL ADOPTION: STAFF RECOMMENDATION: Conduct the Public Hearing and make recommendations for the CDBG and HOME funding allocations from the sources identified in the Financial Statement above. BOARD / COMMISSION RECOMMENDATION: Not applicable to this report. ATTACHMENTS: Attachment No, 1: FY2014-2015 National City CDBG and HOME Applications for Funding Attachment No. 2: FY2014-2015 Action Plan Timeline Attachment No. 3: 2010-2015 Housing and Community Development Priorities and Specific Objectives Attachment No. 4: Notice of Public Hearing