PRESENTER: Presenter
Christopher Greenwell, Grants Coordinator, and/or Paula Harper, CDBG Consultant
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SUBJECT: Title
Recap of Community Development Block Grant Program Year 2026 funding allocation and allocation methodology.
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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 the recent allocation of PY 2026 awarded CDBG funds and allocation methodology. The allocation for CDBG Program Year 2026 is $466,582, plus $117,708.90 in additional unallocated CDBG funding, which is anticipated to be available to grantees beginning on October 1, 2026.
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.