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31689
| 1 | 1. | CDBG October 2013 Chair Report | Report | CDBG October 2013 Chair Report
CDBG Committee reappointments | | |
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31724
| 1 | 3. | Review of City Data Sources from Police, Madiosn Measures and others. | Presentation | Review of City Data Sources from Police, Madison Measures and others. | | |
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31690
| 1 | 2. | PUBLIC Hearing: The City of Madison Community Devleopment Divison and CDBG Committee invites you to provide feedback on the draft CDBG office 2014 Action Plan. The Action Plan sets specific goals for the upcoming year. | Presentation | PUBLIC Hearing: The City of Madison Community Devleopment Divison and CDBG Committee invites you to provide feedback on the draft CDBG office 2014 Action Plan. The Action Plan sets specific goals for the upcoming year. | | |
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31691
| 1 | 4. | Approving the Community Development Division's HUD required 2014 Action Plan. | Resolution | Approving the Community Development Division's HUD required 2014 Action Plan. | Return to Lead with the Recommendation for Approval | Pass |
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31695
| 1 | 5. | Authorizing the use of Housing Development Reserves funds in an amount not to exceed $100,000 to provide additional down payment assistance to qualified lower income homebuyers as part of the City's American Dream Down payment (ADDI) program. | Resolution | Authorizing the use of Housing Development Reserves funds in an amount not to exceed $100,000 to provide additional down payment assistance to qualified lower income homebuyers as part of the City's American Dream Down payment (ADDI) program. | Return to Lead with the Recommendation for Approval | Pass |
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31315
| 1 | 6. | Accepting the September 2013 'Analysis of Impediments to Fair Housing Choice' (AI) study. | Resolution | Accepting the September 2013 'Analysis of Impediments to Fair Housing Choice' (AI) study. | RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER | Pass |
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31696
| 1 | 7. | Notice of potential conflict of interest situation and request from Madison Development Corporation. MDC Waiver Request | Miscellaneous | The Community Development program provides CDBG funds to the Madison Development Corporation to make loans to eligible businesses that meet City objectives and HUD eligibility rules. MDC has created a Loan and Investment Committee that includes MDC Board members and representatives of various community lenders to help analyze, screen and approve business loans. MDC has adopted operational policies to balance the goal of leveraging private funds with the goal of minimizing conflict of interest whereby community lenders rotate membership periodically and must excuse themselves from discussions of co-loans involving their institutions.
A member of the MDC Loan and Investment Committee, Dana Hoffman, works for Summit Credit Union. Both MDC and Summit Credit Union are considering a co-loan to a business applicant. While this situation may present a conflict of interest situation as defined by HUD, HUD also provides a method for review and waiver of their conflict of interest prohibition on decisions where the activity serves the public interest, the relationship is publicly noticed, t | | |
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31744
| 1 | 9. | Emerging Opportunities Program update | Report | Emerging Opportunities Program update | | |
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31697
| 1 | 10. | CDBG October 2013 Staff Report | Report | CDBG October 2013 Staff Report
Financials
Theresa Terrace / Meadowood
CC updates | | |
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31697
| 1 | | CDBG October 2013 Staff Report | Report | CDBG October 2013 Staff Report
Financials
Theresa Terrace / Meadowood
CC updates | | |
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31698
| 1 | 11. | Report from committees with CDBG Committee representation | Report | Report from committees with CDBG Committee representation | | |
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