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<br /> <br /> City Council Agenda Item Cover Sheet <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Project title: 2024 Community Development Funding Allocation Resolution <br />Council Bill # interoffice use <br /> <br />Project: 2024 Community Development Funding Allocations <br />Partner/Supplier: U.S. Housing and Urban Development (HUD); Snohomish County Human Services Division <br /> Location: N/A <br />Preceding action: Resolution 7931; Citizen Advisory Committee Public Hearing 11/14/23 <br />Fund: 198/CDBG, 197/CHIP <br />Agenda dates requested: <br />2/14/24 <br /> <br />Briefing <br />Proposed action <br />Consent X <br />Action <br />Ordinance <br />Public hearing <br /> Yes X No <br /> <br />Budget amendment: <br /> Yes X No <br /> <br />PowerPoint presentation: <br /> Yes X No <br /> <br />Attachments: <br />2024 CD Funding Allocation <br />Resolution <br /> <br />Department(s) involved: <br />Community Development <br /> <br />Contact person: <br />Kembra Landry <br /> <br />Phone number: <br />425-257-7155 <br /> <br />Email: <br />Klandry@everettwa.gov <br />Initialed by: <br /> jw <br />Department head <br /> <br />Administration <br /> <br />Council President <br />Fiscal summary statement: <br />Annually, the City receives a direct award allocation from HUD’s Office of Community Planning <br />and Development (CPD) for the Community Development Block Grant (CDBG) Program. The City <br />is also in an Interlocal Agreement (ILA) with Snohomish County for HUD’s HOME Program <br />(HOME) Funds and 2060 Affordable Housing Trust Funds (AHTF). <br />For the 2024 Program Year (July 1, 2024 – June 30, 2025) the City will receive approximately <br />$850,000 in CDBG Funds, $400,000 in HOME Funds, and $140,000 in AHTF. The City will also <br />allocate an additional $300,000.00 of Prior Year CDBG funds for City Capital Improvement <br />Projects throughout low-income census tracts and $22,650.00 of Prior Year AHTF 2060 funds for <br />shelter operations. <br />Project summary statement: <br />The City is required to establish annual proposed funding awards under annual action plans, <br />submitted directly to HUD. The 2024 Annual Action Plan establishes the spending plan for the <br />fiscal year beginning July 1st and ending June 30th. Additional grant funds of HOME and AHTF <br />funds are provided during the same fiscal cycle, through an ILA with Snohomish County. All funds <br />must support low-moderate income households within Everett and its surrounding Urban <br />Growth Area. <br />The Resolution supporting this action includes recommendations for funding allocations and is <br />established as the 2024 Annual Action Plan submission to HUD. <br />Recommendation (exact action requested of Council): <br />Approve Resolution concerning 2024 CDBG, HOME, AHTF Fund allocations and Annual <br />Action Plan. <br /> <br /> <br />