Fiscal Note
There is no fiscal impact associated with the adoption of the 2016 Action Plan. However, individual components of the plan will have fiscal impacts in the future, and will require Common Council approval at the time of their implementation.
Title
Approving the Community Development Division’s HUD-required 2016 Action Plan
Body
Background
In order for the City of Madison to receive federal funding from HUD, an Action Plan for each year must be submitted. This plan covers the use of federal formula grants awarded to Madison through HUD’s Community Development Block Grant (CDBG), HOME Investment Partnerships (HOME), and Emergency Solutions Grant (ESG) programs, as well as supplemental funds the City intends to use from state and local sources.The goals and objectives developed for the plan were based on HUD priorities, including housing, economic development and neighborhood revitalization. The City of Madison’s Community Development Division will administer the funds.
Action
WHEREAS, and the U.S. Department of Housing and Urban Development (HUD) requires that each participating jurisdiction submit an Action Plan annually to receive federal funds; and
WHEREAS, the City of Madison will receive the HUD funding and adhere to its associated requirements; and
WHEREAS, the CDBG Committee held a public hearing on February 4, 2016 to seek the advice of community organizations, service providers and other stakeholders; and
WHEREAS, the Community Development Division developed the 2016 Action Plan consistent with its adopted 2015-2019 Consolidated Plan;
WHEREAS, the Community Development Division will carry out the goals and objectives in the plan to include housing, economic development, and neighborhood revitalization activities;
NOW, THEREFORE, BE IT RESOLVED, that the Common Council hereby adopt the 2016 Action Plan and authorize the Mayor and City Clerk to sign any agreements necessary to accept the federal funds and enter into agreements needed to implement the plan’s goals and objectives.