Meeting Time: May 23, 2024 at 10:30am PDT
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Agenda Item

3.15 24-0476 Subject: 2024/25 Annual Action Plan From: Housing And Community Development Department Recommendation: Adopt A Resolution (1) Accepting And Appropriating An Award Of United States Department Of Housing & Urban Development Grant Funds In The Amount Of $14,664,598 For Community Development Block Grant (CDBG), Home Investments Partnership (Home), Emergency Solutions Grant (ESG), And Housing Opportunities For Persons With Aids (HOPWA) Programs For Fiscal Year 2024-2025; (2) Authorizing The City Administrator To Prepare And To Submit To The United States Department Of Housing And Urban Development The Annual Action Plan For Fiscal Year 2024-2025 For The CDBG, Home, ESG And HOPWA Programs; (3) Appropriating Up To $850,000 In Revolving Loan Program Income To Support The City's Residential Lending/Housing Rehabilitation Programs And Any Amounts Collected In Excess Thereof For Housing Rehabilitation Activities And Other CDBG-Eligible Activities And Projects, Without Returning To Council; And (4) Authorizing The City Administrator To Negotiate And Execute Grant Agreements Under The Fiscal Year 2024-2025 CDBG, Home, ESG, And HOPWA Programs; On The June 25, 2024 Community And Economic Development Committee Agenda And On The July 2, 2024 City Council Agenda As A Public Hearing

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