Fiscal Note
The proposed resolution approves the submission of the required 2025-2029 Consolidated Plan, which includes the 2025 Annual Action Plan (AAP), to the U.S. Department of Housing and Urban Development (HUD). The AAP outlines the City's planned activities funded through federal formula grants for the 2025 calendar year. The specific federal funding sources outlined in the AAP total $3,392,107. This total includes up to $1,968,746 in Community Development Block Grant (CDBG) funds, up to $1,256,395 in HOME Investment Partnerships Program (HOME) funds, and up to $166,966 in HEARTH/Emergency Solutions Grant (HESG) funds. These funds are supplemented by program income (repayments of previously made loans) as well as other state and local funding sources, including ESG/HPP/HAP ("EHH") grant funds and Housing Cost Reduction Initiative (HCRI) grant funds. The Community Development Division’s 2025 Adopted Operating Budget includes these funding source estimates in the multi-year Community Development Grants fund (Munis fund 1205), primarily as intergovernmental revenue, and authorizes the expenditure of these funds, primarily in Purchased Services.
The new Consolidated Plan proposes a shift in the use of the City's CDBG grant funds obligated for Public Services. If the Plan is approved, adjustments will be made to CDD's 2025 Adopted Operating Budget to move $366,000 in current CDBG appropriation from Neighborhood Center Support (PL 71025-62-200-12101, GL 67331101-42110/54820-00000) to Homeless Support Services (PL 71025-62-200-12101, GL 67213101-42110/54820-00000). An equal amount of current General Fund appropriation from Homeless Support Services (GL 67213-54820-00000) will be moved to Neighborhood Center Support (GL 67331-54820-00000). The net funding amount in each service area would be unaffected by these moves. The proposed shifts in budget authority are not between major expenditure categories; therefore, no budget amendment is required.
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