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File #: 61295    Version: 1 Name: Approving a Substantial Amendment to the City's FY19 Annual Action Plan to include supplemental CDBG-CV and ESG-CV grant funds awarded to the City of Madison by HUD as part of the 2020 CARES Act; amending the adopted 2020 Operating Budget of the Community
Type: Resolution Status: Passed
File created: 7/8/2020 In control: Community Development Division
On agenda: 8/4/2020 Final action: 8/4/2020
Enactment date: 8/7/2020 Enactment #: RES-20-00550
Title: Approving a Substantial Amendment to the City's FY19 Annual Action Plan to include supplemental CDBG-CV and ESG-CV grant funds awarded to the City of Madison by HUD as part of the 2020 CARES Act; amending the adopted 2020 Operating Budget of the Community Development Division to recognize the additional grant revenue and commensurate expenditures; and authorizing the CD Division to issue one or more RFPs to allocate the funds.
Sponsors: Christian A. Albouras, Samba Baldeh, Zachary Henak, Syed Abbas
Attachments: 1. Memo for Action Plan Amendment.pdf, 2. Madison FY19 AAP Substantial Amendment.pdf
Fiscal Note
The proposed Substantial Amendment to the City of Madison's FY19 Annual Action Plan is the result of HUD awarding the City an additional $1,160,897 in supplemental Community Development Block Grant (CDBG-CV) funds and an additional $2,890,929 in supplemental Emergency Solutions Grant (ESG-CV) funds through the 2020 CARES Act.

This resolution proposes to amend CDD's adopted 2020 Operating Budget, as follows, to recognize receipt of these additional grant revenues and their commensurate expenditures:

· CDBG Revenue: ($1,160,897)
· CDBG Salaries/Benefits: $232,100
· CDBG Purchased Services: $928,797

· HESG Revenue: ($2,890,929)
· HESG Salaries/Benefits: $289,000
· HESG Purchased Services: $2,601,929

Title
Approving a Substantial Amendment to the City's FY19 Annual Action Plan to include supplemental CDBG-CV and ESG-CV grant funds awarded to the City of Madison by HUD as part of the 2020 CARES Act; amending the adopted 2020 Operating Budget of the Community Development Division to recognize the additional grant revenue and commensurate expenditures; and authorizing the CD Division to issue one or more RFPs to allocate the funds.
Body
Background:
In March 2020, Congress passed and the President signed the Coronavirus Aid, Relief and Economic Security Act ("CARES Act"), which provides critical supplemental funding to communities in their local response efforts to the COVID-19 pandemic. Acceptance of the CARES Act funds that are allocated via HUD's Office of Community Planning and Development (CPD) requires a HUD Grantee to submit a Substantial Amendment to its FY19 Annual Action Plan.

The City of Madison has been awarded $1,160,897 in supplemental Community Development Block Grant (CDBG-CV) funds and $2,890,929 in supplemental Emergency Solutions Grant (ESG-CV) funds through the CARES Act, to help prevent, prepare for and respond to coronavirus. These funds can used to support local Action Plan objectives that include Housing Assistance, Small Busin...

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