Title
Joint resolution approving First Amendment to the 2018 United States Housing and Urban Development (HUD) Action Plan.
Staff Summary
* HUD requires the submission of an Annual Action Plan and associated amendments to govern the expenditure of federal funding.
* The Lake County Citizen Participation plan requires the execution and approval of an Action Plan Amendment for any new project or major change in scope of project.
* The First Amendment to the 2018 Annual Action Plan allocates $143,139 in new 2018 program income and reallocates $1,019,909 from canceled projects.
* Such re-allocations require this proposed amendment to the Annual Action Plan be accompanied by a 30-day public comment period and public hearing.
* The Affordable Housing Advisory and Recommendation Committee (ARC) of the Housing and Community Development Commission (HCDC) recommended the replacement projects and programs for funding.
* The HCDC, recommended the approval of this amendment to the Annual Action Plan for 2018 at its meeting on October 10, 2018.
Body
RESOLUTION
WHEREAS, HUD requires the submission of an Annual Action Plan and associated amendments to govern the expenditure of federal funding; and
WHEREAS, the grant funding administered by Lake County Community Development requires prudent administration and timely spending to meet federal compliance requirements; and
WHEREAS, a new Grant Funding Allocation Policy has been proposed to both allocate new funding (e.g. program income) and re-allocate slow-spending grants and canceled projects on a timely and consistent basis; and
WHEREAS, such re-allocations require this proposed amendment to the Annual Action Plan accompanied by 30-day public comment period and public hearing, and
WHEREAS, the Lake County Citizen Participation plan requires the execution and approval of an Action Plan Amendment for any new project or major change in scope of project; and
WHEREAS, the First Amendment to the 2018 Annual Action Plan alloca...
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