Laserfiche WebLink
City Council Agenda Item Cover Sheet <br /> <br />Project title: 2023 Community Development Funding Allocations for CDBG, HOME, & AHTF <br />Council Bill # interoffice use Project: 2023 Community Development Funding Allocations for CDBG,HOME, and 2060 AHTF Funds <br />Partner/Supplier: U.S. Housing and Urban Development (HUD); Snohomish CountyHuman Services Division <br /> Location: If relevant <br />Preceding action: Resolution No. 7814; Citizen Advisory Committee Public Hearing11/15/22 <br />Fund: 197/CHIP; 198/CDBG <br />Agenda dates requested: <br />3/29/23 <br />Briefing <br />Proposed action <br />Consent <br />Action 3/29/23 <br />Ordinance <br />Public hearing <br />Yes x No <br />Budget amendment: <br />Yes x No <br />PowerPoint presentation: <br />x Yes No <br />Attachments: <br />Funding Resolution <br />Department(s) involved: <br />Community Development <br />Contact person: <br />Kembra Landry <br />Phone number: <br />425-257-7155 <br />Email: <br />klandry@everettwa.gov <br />Initialed by: <br />Department head <br />Administration <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 2023 Program Year (July 1, 2023 – June 30, 2024) the City will receive $859,155 in CDBG <br />Funds, $400,000 in HOME Funds, and $151,510 in AHTF. The City will also allocate an additional <br />$731,108.00 CDBG funds for City Capital Improvement Projects throughout low-income census <br />tracts. <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 2023 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 2023 Annual Action Plan submission to HUD. <br />Recommendation (exact action requested of Council): <br />Adopt the Resolution concerning 2023 CDBG, HOME, AHTF Fund allocations and Annual <br />Action Plan.