AGENDA ITEM EXECUTIVE SUMMARY
TITLE*
title
2024-2025 and 2025-2026 Public Housing Capital Fund Program Plans
presenter
RESPONSIBLE STAFF, TITLE, DEPARTMENT*
Loryn Clark, Deputy Town Manager and Interim Director for Housing and Community Development
Jamila Lunsford, Management Analyst, Housing and Community Development
Derrick Parrish, Maintenance Supervisor, Housing and Community Development
STAFF RECOMMENDATION*
Staff recommend that the Council adopt the resolution and enact the project ordinances approving Capital Grant program plans for 2024-2025 and 2025-2026.
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ACTION/DECISION POINTS*
Council may approve, reject, or create an alternate plan for use of funds.
LEGISLATIVE CONTEXT*
The Town Council serves as the board of the Town's Public Housing Authority (PHA) which provides oversight to the Town's public housing program. Responsibilities of the PHA board include overseeing department operations and governance, setting policies, approving budgets, and ensuring compliance with federal regulations.
Council approval is required to spend funds on eligible projects. If program plans are not approved and the ordinances are not enacted, the Town would not be able to proceed with using these funds for Capital Fund Program activities.
BACKGROUND AND CONTEXT*
Each year the Town receives a Capital Fund allocation from the U.S. Department of Housing and Urban Development (HUD) for modernization of our public housing units and programs that provide services to our residents.
Funds are allocated by a formula rather than a competitive application process. For program year 2024-2025 the Town received $1,209,694, and $1,085,302 for program year 2025-2026. HUD establishes timelines for when funds must be spent. For these funds, we must have contracts in place by May 12, 2027, and spend funds by May 12, 2029.
As described in the attached summary of proposed activities, we propose to use the majority of 2024-2025 funds and a portion of 2025-2026 funds on moderniza...
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