Title
Public Hearing to Consider Adoption of the Community Development Block Grant/HOME Investment Partnerships Program Fiscal Year (FY) 2022-23 Action Plan; Authorize the Interim City Manager to Use Affordable Housing Unit Fee and Permanent Local Housing Allocation Funds; and Authorize the Interim City Manager to Negotiate and Execute Related Documents, Agreements, and Modifications at Funding Levels Approved by Congress. (Community Development 203, 201, 208 & 222)
Body
To: Honorable Mayor and Members of the City Council
EXECUTIVE SUMMARY
The City of Alameda (City) is an entitlement recipient of Community Development Block Grant (CDBG) funds from the U.S. Department of Housing and Urban Development (HUD). Fiscal year (FY) 2022-23 represents the third year of implementation for the five-year Consolidated Plan, which is a planning document required by HUD to be submitted by all jurisdictions that directly receive HUD funds. Recommendations for program funding for Public Services is included in Exhibit 2.
HUD has awarded $1,139,561 in CDBG funds to the City for FY 2022-23. As a member of the Alameda County HOME Partnership Investment Program (HOME Consortium), the City has also been awarded $245,827 in FY 2022-23 HOME Program funds. The total FY 2022-23 budget for CDBG and HOME is $3,693,578, which includes approximately $1,850,364 of funds carried forward from previous years and projected program income receipts of $72,000. In addition to the federal funds, staff made available through a Notice of Funding Availability (NOFA) $750,000 of Affordable Housing Unit Fee (AHUF) Funds. However, the requests for this funding exceeded $5 million. Staff proposes using $25,000 of Permanent Local Housing Allocation (PLHA) funds to cover a small portion of the gap.
This public hearing is an opportunity for the community to provide input on the proposed programs and projects for the upcoming fiscal year that will be funded with CDBG, HOME, AHUF and a portion of the PL...
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