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Public Forum: Use of 2022-2023 Community Development Block Grant Funds.
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Staff:
Department:
Sarah Osmer Vi?as, Director
Affordable Housing and Community Connections
Nate Broman-Fulks, Affordable Housing Manager
Megan Culp, Community Development Program Manager
Overview: The Town of Chapel Hill receives an annual allocation of Community Development Block Grant (CDBG) funding from the U.S. Department of Housing and Urban Development (HUD) to address community development and affordable housing needs. The Town conducts two public forums to receive Council and public input into the annual program plan. The Council held an initial public forum on November 10, 2021 and tonight is the second forum. The Council will consider approving the annual program plan in May.
The CDBG Application Review Committee met on March 10, 2022 to review applications and to create a recommended funding plan (see attachment for details).
Recommendation(s):
That the Council receive comments on the use of federal Community Development Block Grant program funding and the Application Review Committee's recommended 2022-2023 CDBG Program Plan.
Key Issues
* The Town's FY22-23 CDBG allocation is estimated to be $415,000. The Town has an additional $241,764 available from prior year CDBG Grants that are no longer needed for the previously identified projects and recommended to be included in this year's plan. Most prior year funds are Neighborhood Revitalization balances to be repurposed and consolidated along with projects that identified other funding sources and no longer required CDBG funding.
* The recommended CDBG Program Plan includes contingencies for plan adjustments if the actual CDBG allocation is higher or lower than estimated when posted by HUD around May 13, 2022.
* Eligible activities must serve households earning less than 80% of the area median income, or $69,100 for a household of four.
* We included notice of tonight's forum and the ongoing opportunity to...
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