Title
Consider/Discuss/Act on an Ordinance Amending the Fiscal Year 2019-2020 Annual Budget to Provide Funds for the McKinney CDBG-CV Program, Under the 2019-2020 CDBG Program Year
Summary
COUNCIL GOAL: Enhance Quality of Life in McKinney
5A: Develop Sustainable Quality of Life Improvements within the City of McKinney
MEETING DATE: May 19, 2020
DEPARTMENT: Housing & Community Development
CONTACT: Shirletta Best, Community Services Administrator
RECOMMENDED CITY COUNCIL ACTION:
* Approval of the Ordinance
ITEM SUMMARY:
* City will receive an additional $500,444 CDBG-CV allocation from the U.S. Department of Housing and Urban Development (HUD) in the city's current fiscal year, authorized under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Public Law 116-136, signed on March 27, 2020. Staff requested City Council input on the use of funds for eligible public service activities.
* Staff requested the reallocation of $200,000 from the City's Housing Rehabilitation activity, program year 2019-2020 to provide additional food assistance to residents adversely impacted by COVID-19.
BACKGROUND INFORMATION:
* Staff presented to Council on April 28, 2020 to discuss the re-allocation of current Community Development Block Grant (CDBG) funds and allocation of the CDBG-CV funds from the U.S. Department of Housing and Urban Development (HUD) and the preliminary proposal to distribute funding in public services toward the prevention of, response to and impact of the coronavirus.
* The City of McKinney completed a five-day public comment period and City Council conducted a public hearing on May 5, 2020.
FINANCIAL SUMMARY:
* HUD allocated CARES Act funding known as CDBG-CV in the amount of $500,444 to the city. The city will reallocate $200,000 in 2019-2020 CDBG funds from the Housing Rehabilitation Program to the CDBG-CV program to the North Texas Food Bank. Total funding: $700,444.
* The Ordinance amends the Fiscal Year 2019-2020 Ann...
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