Laserfiche WebLink
ECONOMIC & COMMUNITY DEVELOPMENT MEMORANDUM <br /> No. 25-01 <br /> January 21, 2025 <br /> TO: Mayor Julie Moore Wolfe and City Council Members <br /> FROM: Tim Gleason, City Manager <br /> Cordaryl "Pat" Patrick, Director of Economic & Community Development <br /> Richelle L. Dunbar, Asst. Dir. of Economic & Community Development <br /> SUBJECT: Authorization accepting FY24 Community Development Block Grant <br /> (CDBG) fund Agreement <br /> RECOMMENDATION: Staff recommend accepting the FY24 agreement for CDBG <br /> funds. The U. S. Department of Housing and Urban Development reviewed and approved <br /> the City's FY24 Annual Action Plan. The 2024 allocation includes $1,303,056 in <br /> Community Development Block Grant(CDBG) funds. The FY24 HOME Investment <br /> Partnership (HOME) funds were approved by City Council in November 2024. <br /> BACKGROUND: In accordance with the guidelines set forth by the U. S. Department <br /> of Housing and Urban Development(HUD), the Neighborhood Revitalization Division <br /> develops an Annual Action Plan. The Annual Action Plan describes funding allocations <br /> for fiscal year 2024 along with strategic implementation of the priorities identified in the <br /> City's Five Year FY2020-2024 Consolidated Plan. The CDBG agreement was received <br /> on January 7, 2025. The City Council reviewed and approved use of CDBG and HOME <br /> funds during the adoption of the FY24 budget. <br /> The approved plan is available for review on the City's website. <br /> POTENTIAL OBJECTIONS: Staff is not aware of objections. <br /> INPUT FROM OTHER SOURCES: Comments and information were secured through <br /> public meetings and input from a variety of community organizations. <br /> STAFF REFERENCE: Should the City Council have any questions, they may contact <br /> Richelle Dunbar, Asst. Dir., or Economic & Community Dev., at 424-2864 or e-mail <br /> rdunbar@decaturil.gov <br /> BUDGET/TIME IMPLICATIONS: None <br />