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File #: 79722    Version: 1 Name: Approving a grant of up to $140,000, Common Wealth Development, Inc. of Community Development Block Grant (CDBG) funds through the Community Development Division’s Capital Improvements for Non-profit Housing (CINH) Program, and authorizing the Mayor and C
Type: Resolution Status: Passed
File created: 9/7/2023 In control: Community Development Division
On agenda: 10/3/2023 Final action: 10/3/2023
Enactment date: 10/6/2023 Enactment #: RES-23-00621
Title: Approving a grant of up to $140,000, Common Wealth Development, Inc. of Community Development Block Grant (CDBG) funds through the Community Development Division’s Capital Improvements for Non-profit Housing (CINH) Program, and authorizing the Mayor and City Clerk to enter into an agreement with the agency to undertake the specified rehabilitation projects.
Sponsors: Satya V. Rhodes-Conway, Nikki Conklin, Dina Nina Martinez-Rutherford, Kristen Slack, Barbara Harrington-McKinney, Jael Currie, John W. Duncan, Marsha A. Rummel, Isadore Knox Jr., Regina M. Vidaver
Fiscal Note
The proposed resolution authorizes awarding funding up to $140,000 to Common Wealth Development for capital improvements at their residential properties through the Capital Improvements for Non-profit Housing Program (part of Munis project 71023 within the Housing Supply subfund). The resolution also authorizes the Mayor and City Clerk to execute the contract. The Community Development Block Grant (CDBG) Committee approved the application. The proposal is consistent with the City's 2020-2024 Five-Year Consolidated Plan. Funding for the projects is included in the Community Development Division’s 2023 adopted budget through Community Development Block Grant (CDBG) funds. No additional appropriation is required.

Title
Approving a grant of up to $140,000, Common Wealth Development, Inc. of Community Development Block Grant (CDBG) funds through the Community Development Division’s Capital Improvements for Non-profit Housing (CINH) Program, and authorizing the Mayor and City Clerk to enter into an agreement with the agency to undertake the specified rehabilitation projects.
Body
Background
The Community Development Division (CDD) heard from nonprofit agencies that own and operate housing properties serving low-to moderate-income households about the negative impacts the COVID-19 pandemic had on their maintenance reserves. Some of their tenants experienced financial hardships during the pandemic and struggled to pay their rents. That deprived the agencies, who already operate on a tight margin, of the funds needed for routine repairs and building maintenance.
On April 30, 2023, the Community Development Block Grant Committee approved program guidelines and authorized CDD to use up to $2 million of federal Community Development Block Grant (CDBG) funds to support the Capital Improvements for Non-profit Housing (CINH) Program. The program offers funds to non-profit housing providers to help finance certain improvements to residential properties that ser...

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