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Public Hearing - CDBG Program FY 2013-2014 <br />April 1, 2013 <br />Page 2 <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 staffs <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 />FISCAL IMPACT <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 />APPROVED AS TO FUNDS AND ACCOUNTS: <br />,-? " WA e&P&&6 3: <br />Nancy T. E wards Francisco Gutierrez <br />Interim Exe utive Director, Executive Director" <br />Community Development Agency Finance & Management Services Agency <br />NTE/FH/kg <br />Exhibit 1: Program Recommendations <br />Exhibit 2: CDBG 2013-2014, Application Form <br />75B-2