Resolution 7118 - Laserfiche WebLink

Staff Report for Community Development Block Grant, HOME, and Housing Trust Funds— 2060 2017-2018 Program Year The Citizen's Committee for Housing and Community Development reviewed proposals for the expenditure of the City of Everett's Community Development Block Grant program and other available funding. A Public hearing was held on December 7, 2016 for needs assessment. The Committee studied each proposal and interviewed each proponent. Four meetings and eight hours of interviews took place, concluding on January 11, 2017. Another public hearing was held on January 11, 2017 for comments concerning the Committee's recommendation to City Council. The Committee spent additional hours at home reviewing the proposals. On May 4, 2017, The Committee will hold their final meeting and public hearing to make a recommendation for reallocation of time sensitive HOME funds. The U.S. Department of Housing and Urban Development has not received its budget from Congress. Staff is assuming a 5% reduction in the City's 2017 Community Development Block Grant at $730,194 from the $768,265 received for 2016. The Committee recommends funding at the following levels: Public Services 15% Program Administration 20% Non-Public Services 65% In addition to CDBG funds, the City has available Housing Trust 2060, HOME, and CHIP revolving loan rehabilitation funds for projects. The Annual Action Plan and the Consolidated Plan were available for public comment commencing February 18, 2016 and ending on March 22, 2017. No comments were received. An additional comment period for the reallocation funds was open April 10, 2017 and will close at the council public hearing on May 10, 2017. The funding recommendation for the 2017-2018 program year includes reallocation of HOME funds from prior years that were not expended for various reasons and are described in detail in the amendment section of the report. Each one of the members of the Committee provided a valuable contribution to this recommendation. This group was very dedicated while performing this difficult task. Staff congratulates the Committee for a job well done and thanks them for their time and effort. Participating Committee members were: Gregg Elder, Rick Dorris, David Simpson, Greg Campbell, Peter Sontra, Bruce Overstreet, Michelle Jennings, and Demba Baldeh.