PRESENTER: Presenter
Jennifer Gates, Grants Coordinator, and/or Paula Harper, CDBG Consultant
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SUBJECT: Title
Discussion of Community Development Block Grant Program Year 2025 funding allocation.
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DEPARTMENT: Finance
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COUNCIL DISTRICTS IMPACTED: Citywide
BACKGROUND INFORMATION:
Discussion by staff and the Community Development Advisory Committee (CDAC) regarding communication received from the U.S. Department of Housing and Urban Development after the May 8, 2025, CDAC meeting, pertaining to the Community Development Block Grant (CDBG) Program Year 2025 funding allocation. The allocation for CDBG Program Year 2025 is $454,245, which is anticipated to be available to grantees beginning on October 1, 2025.
ISSUE:
Not applicable.
STRATEGIC PLAN REFERENCE:
☐Economic Mobility ☐Enhanced Connectivity ☐Community Identity
☒Organizational Excellence ☐Community Well-Being ☐N/A
Considering statutory and market-based factors, continue to diversify revenue streams to support long-term fiscal sustainability of the organization.
FISCAL IMPACT:
Not applicable.
Recommendation
RECOMMENDATION:
No action is required by the committee as this discussion is for informational purposes only.