Title
Conduct a Public Hearing to Consider/Discuss/Act on a Resolution Approving the 2012-13 Community Development Block Grant (CDBG) Action Plan
Summary
MEETING DATE: July 17, 2012
DEPARTMENT: Community Development Department
CONTACT: Shirletta Best, CDBG Administrator
RECOMMENDED CITY COUNCIL ACTION:
· Conduct a public hearing on the FY 2012-13 Annual Action Plan for the City’s Community Development Block Grant (CDBG) funding and approve the attached resolution to adopt the Plan.
ITEM SUMMARY:
· The City anticipates receiving $668,386 in CDBG funding from the U.S. Department of Housing and Urban Development (HUD) for program year October 1, 2012 to September 30, 2013. The Annual Action Plan is a one-year plan, based on the goals and objectives of the Strategic Plan under the City’s Housing and Community Development Consolidated Plan.
· The Community Grants Advisory Commission (CGAC) received funding requests, including agencies and city programs for a total of $870,898.
· The CDBG grant is allocated to communities under a needs-based formula. Under the challenging fiscal climate of year 2011, HUD had the difficult task of reducing CDBG funding across the board, which also impacted the City of McKinney. Fiscal year FY 2012-13 marks the first time year the CDBG allocation formula will rely on the Census Bureau’s data source - The American Community Survey - and the 2010 Census population counts. McKinney was fortunate to experience an increase in funding, largely due to its strong population growth. This is reflected in an increase of $157,129 from the previous year.
· The increase means McKinney will be able to fully expand CDBG’s flexibility to develop other activities such as public services, infrastructure projects, affordable housing, job training, and economic development. Also, the increase in population growth further allows the City to seek additional Community Development and Housing resources to leverage its CDBG funding.
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