Title
Consider a resolution authorizing the Mayor to execute the 2013-2014 Community Development Block Grant (CDBG) Agreement with U.S. Department of Housing and Urban Development.
Body
The Community Development Block Grant Program (CDBG) was developed in 1974 and works to ensure affordable housing and to provide services to the most vulnerable in our communities. CDBG is an important tool for helping tackle serious challenges facing our community. To be eligible for CDBG funding, activities must meet one of the three national objectives of the program which are 1) benefit low to moderate income persons 2) prevention of slums or blight 3) meet an urgent need.
This resolution will authorize the Mayor to execute a Funding Approval Agreement with the U.S. Department of Housing and Urban Development Community Development Block Grant Funds for Program Year 2013-2014 in the amount of $514,534. These documents constitute the contract between the U.S. Department of Housing and Urban Development and the City of Round Rock for use of Community Development Block Grant Funds.
The 2013-2014 Program Year is the Fifth Year Annual Action Plan in the 2009-2013 Five Year Consolidated Plan. In this 2013-2014 Program Year Annual Action Plan, funds are allocated to Public Services, Housing, Facility Improvements, Interim Assistance and Program Administration. The 2013-2014 Annual Action Plan was approved by City Council by Resolution No. R-13-7-25-F8 on July 25, 2013.
Recommended Action
Staff recommends approval.