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<br /> <br /> <br /> <br /> <br /> Public Hearing - CDBG Program FY 2013-2014 <br /> April 1, 2013 <br /> Page 2 <br /> <br /> <br /> <br /> Each year, HUD notifies the City regarding the amount of Community Development Block Grant <br /> (CDBG) funds to be allocated for the upcoming year. Unfortunately, due to the federal <br /> government's current budgetary issues, HUD has not been able to provide the City with a final <br /> allocation for the upcoming fiscal year. Therefore at this time, staff has compiled a CDBG funding <br /> plan based on the amount allocated for FY 2012-2013. Should the City receive more or less, the <br /> actual allocation amounts would be increased or decreased proportionately to the actual amount of <br /> CDBG funds awarded from HUD. There are three exceptions to this contingency plan. The <br /> programs being proposed for Fair Housing Counseling and Senior Meals will be provided by <br /> outside agencies, and the funding costs indicated are needed to maintain a constant service level. <br /> Additionally, the HEART program is being recommended for Emergency Solutions Grant funding <br /> and the CDBG funds are needed to meet the match requirement. <br /> The proposed Fiscal Year 2013-2014 CDBG program and budget (Exhibit 1) consists of the staff's <br /> funding recommendations for the program. The City Council public hearing will provide an <br /> opportunity for public input and the completion of the process necessary to submit our locally <br /> approved program to HUD. It will also ensure the timely completion and submission of the Annual <br /> Consolidated Plan. <br /> <br /> FISCAL IMPACT <br /> <br /> Approval of the recommended action will authorize the City Manager to submit the approved <br /> program to HUD and to execute a grant agreement, which will result in the City's CDBG letter of <br /> credit being augmented by an estimated $5,680,480. <br /> <br /> <br /> APPROVED AS TO FUNDS AND ACCOUNTS: <br /> <br /> <br /> <br /> r~ ~L i <br /> Nancy T. E Awards Francisco Gutierrez <br /> Interim Exe utive Director, Executive Director <br /> Community Development Agency Finance & Management Services Agency <br /> NTE/FH/kg <br /> <br /> <br /> Exhibit 1: Program Recommendations <br /> Exhibit 2: CDBG 2013-2014, Application Form <br /> <br /> <br /> <br /> <br /> <br /> <br /> 75B-2 <br />