Loading...
HomeMy WebLinkAboutCouncil Agenda StatementCITY OF NATIONAL CITY, CALIFORNIA COUNCIL AGENDA STATEMENT MEETING DATE: May 6, 2014 AGENDA ITEM NO. ITEM TITLE: Resolution of the City Council of the City of National City authorizing the allocation of Community Development Block Grant (CDBG) and HOME Investment Partnerships (HOME) Program entitlement funds appropriated for FY 2014- 2015, accrued program income, and funds remaining from completed projects to CDBG and HOME activities recommended for inclusion in the FY2014-2015 Annual Action Plan and authorizing the submission of said Plan to the United States Department of Housing and Urban Development. PREPARED BY: Angelita Marchante, Comm. Dev. Specialist e DEPARTMENT: H using, Grants, & Asset Mgmt PHONE: (619) 336-4219 APPROVED EXPLANATION: In accordance with the federal regulations at 24 CFR, Part 91, the City of National City (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 $774,566 in federal Community Development Block Grant (CDBG) and $273,357 in federal HOME Investment Partnerships (HOME) Program entitlement funds. In addition to the funding sources noted above, the City will reprogram $15,944 in CDBG program income and $72,646 remaining from previously completed projects as well as reprogram $321,738 in HOME program income received. The 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 activities for submission to HUD before May 15, 2015. FINANCIAL STATEMENT: APPROVED: Finance ACCOUNT NO. APPROVED: MIS The City will receive an estimated $739,824 in CDBG and an estimated $238,956 in HOME Program funds for FY2013-14. In addition, the City will allocate to FY2014 HOME activities $67,834 of program income received in Fund 505. The City will also reprogram $112,623 of CDBG entitlement funds remaining from completed projects toward FY2014 CDBG activities. ENVIRONMENTAL REVIEW: Not applicable to this report. ORDINANCE: INTRODUCTION: FINAL ADOPTION: STAFF RECOMMENDATION: Adopt the Resolution.i BOARD / COMMISSION RECOMMENDATION: 'Not applicable to this report. ATTACHMENTS: See Attachments under Public Hearing No. 2 of 2 for the 2013/2014 Annual Action Plan Item of the Agenda