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HomeMy WebLinkAbout~Master - 2015/16 CDBG Annual Action Plan RESOLUTION NO. 15-369 RESOLUTION APPROVING 2015/16 COMMUNITY DEVELOPMENT BLOCK GRANT ANNUAL ACTION PLAN PROJECTS FOR THE CITY OF AMES,IOWA WHEREAS, one major requirement in receiving Community Development Block Grant (CDBG)funds is for the City to submit an Annual Action Plan as part of its five-year Consolidated Plan to the federal Department of Housing and Urban Development(HUD); and, WHEREAS, the City's current Consolidated Plan was approved by HUD for the period of July 1,2014,through June 30,2018,and the Annual Action Plan outlines program activities that will be undertaken from July 1, 2015, to June 30, 2016, to address or meet those goals and priorities outlined in the five-year Consolidated Plan; and, WHEREAS,the Annual Action Plan may address one or all of the goals and priorities of the identified housing and community development needs; and, WHEREAS,HUD regulations require that the Annual Action Plan be submitted for HUD's approval within 45 days before the beginning of the program fiscal year,which was May 17, 2015, however,the City requested and received a time extension to submit the plan on or before June 12, 2015; and, WHEREAS, additionally,the regulations also require that the Action Plan be published for 30 days to allow for citizen review of the proposed Annual Action Plan project(s)for the utilization of the funds; and, WHEREAS, the City Council took input from public forums in February, and on March 3, 2015, approved the proposed 2015-16 Action Plan projects, and the Plan was made available for public comment from May 6 through June 5, 2015; and, WHEREAS, the City was notified by HUD that its 2015-16 CDBG allocation will be $484,297, which is approximately $3,900 less than the 2014-15 allocation, and of this annual allocation, approximately$387,438 is available for programming; and, WHEREAS, in addition to the annual allocation, staff cautiously is anticipating a rollover balance of approximately$700,000 and approximately$132,063 of program income which result in an available balance of$1,316,360 for the 2015-16 program year; and, WHEREAS, staff is recommending that the anticipated budget for 2015-16 of$1,316,360 be allocated to the project activities as follows: Homebuyer Assistance Program ($50,000); Neighborhood Housing Improvement Programs — Single-Family Home Owners ($100,000) and Rental Property Owners($100,000);Acquisition/Reuse Program for Affordable Housing($705,000); Operation and Repair Program for Existing Properties ($68,502); Public Facilities Improvement Program for Non-Profits ($100,000); Renter Affordability — Deposit & Transportation Assist ($70,000); and, 2015-16 Program Administration ($122,858); and, WHEREAS, based on past timeliness ratios, staff estimates that approximately $532,063 ($400,000,plus $132,063 of program income) will need to be spent by April 25, 2016, in order to meet the May 2, 2016, timeliness test. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the 2015-16 Annual Action Plan in connection with the City's Community Development Block Grant Program is hereby approved. ADOPTED THIS 9t'day of June, 2015. A. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Corrieri Seconded by: Nelson Voting aye: Betcher, Corrieri, Gartin,Nelson, Orazem Voting nay: None Absent: Goodman Resolution declared adopted and signed by the Mayor this 9tn day of June, 2015.