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Report regarding holding a Public Hearing on the City's housing, community, and economic development needs for the Fiscal Year 2024-25 Annual Action Plan and providing direction to the Community Development Block Grant (CDBG) Subcommittee regarding funding priorities. (Danielle Thoe, Housing Manager)
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RECOMMENDATION
Staff recommends that the City Council hold a public hearing and receive public testimony on the City's housing, community, and economic development needs for the fiscal year (FY) 2024-25 Annual Action Plan and provide direction to the Community Development Block Grant (CDBG) Subcommittee regarding funding priorities.
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BACKGROUND/DISCUSSION
The U.S. Department of Housing and Urban Development requires local jurisdictions to prepare an Annual Action Plan (Action Plan) for the upcoming fiscal year (FY) 2024-25, to receive funds through the Community Development Block Grant (CDBG) Program. As part of the development of the Action Plan, the City is required to hold two public hearings.
The purpose of the March 27, 2024, public hearing is to obtain citizens' views on housing, community, and economic development needs, which will inform the Action Plan. Additionally, for those non-profit organizations seeking CDBG funds, they may use this public hearing to make brief comments to City Council regarding their programs. The City Council can take this opportunity to ask the non-profit organizations questions regarding their proposed activities and to give direction to the CDBG Subcommittee on funding priorities.
The second public hearing is scheduled for May 8, 2024. At this meeting, the Council will consider adopting the FY 2024-25 Action Plan and make final recommendations on CDBG funding allocations.
DISCUSSION
Funds Available for FY 2024-25
The City has not yet received notification from HUD of its CDBG entitlement amount for FY 2024-25. This is common for CDBG given that it is a federally funded program impacted by the federal bud...
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