Legislation Details

File #: 18-0570    Version: 1 Name: 2018 Action Plan Presentation
Type: discussion Status: Commission Business
File created: 5/4/2018 In control: Housing and Community Development Commission
On agenda: Final action: 5/31/2018
Title: U.S. Department of Housing & Urban Development (HUD) 2018 Action Plan - Presentation and Discussion
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Title

U.S. Department of Housing & Urban Development (HUD) 2018 Action Plan - Presentation and Discussion

 

Staff Summary

•                     Four Advisory and Recommendation Committees (ARCs) have reviewed 2018 funding requests and voted to recommend particular projects to the Housing & Community Development Commission (HCDC).

•                     Projects recommended for funding with HUD program year 2018 funds are presented in the 2018 Action Plan attached.  Proposed amounts have been adjusted to match actual 2018 funding amounts: $1,684,900 HOME; $2,882,825 CDBG; and $216,362 ESG for a total of $4,784,087.  The year-over-year 9.7% increase in CDBG and 45.6% increase in HOME translated to a total 15% increase from 2017 to 2018 because ESG in 2017 was nearly twice its size with one-time extra funding.

•                     Recommendations will be subject to a thirty-day public comment period (February 15 to March 15, 2017) and two public hearings before the recommendations advance to the Lake County Board for consideration.