HomeMy WebLinkAbout06. CDBG Home Investment
AGENDA MEMO
DATE:
February 8, 2011
TO:
Mayor and Members of the City Council
FROM:
Office of the City Manager
By: Brian Saeki, Director of Community Development
SUBJECT: SET PUBLIC HEARING FOR THE 2011-2012 COMMUNITY
DEVELOPMENT BLOCK GRANT AND HOME INVESTMENT
PARTNERSHIP PROGRAMS
RECOMMENDATION
Staff recommends that the City Council schedule a public hearing for the meeting of
February 22, 2011 for the purpose of receiving public comment on the Community
Development Block Grant (CDBG) and Home Investment Partnership Grant (HOME)
Programs proposed for fiscal year 2011-2012.
BACKGROUND/DISCUSSION
Next fiscal year the City of Downey is entitled to receive funding from the Community
Development Block Grant and the Home Investment Partnership Grant. These two
federal grants are available to the City for housing and community development
activities which will primarily benefit low and moderate income residents.
The U.S. Department of Housing and Urban Development, which oversees the
distribution of these grants, requires that the City prepare a new one-year Action Plan
and hold two public hearings in order to comply with federal application submission
requirements. Of the two required public hearings, this first hearing provides an
opportunity for interested parties to comment on the city’s housing and non-housing
needs of its low & moderate-income residents, and provide project suggestions for next
year's Grant program. The second public hearing, which will be scheduled for the City
Council meeting of May 24, 2011, will provide a second opportunity for public comment
before the final Action Plan application is approved for submittal.
FISCAL IMPACT
The completion of the required application process is a prerequisite for the City
receiving its 2011-2012 CDBG and HOME entitlement grants.
CITY OF DOWNEY, CALIFORNIA