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HomeMy WebLinkAbout~Master - Approving 2014-18 Five-Year Community Development Block Grant Consolidated Plan RESOLUTION NO. 18-468 RESOLUTION APPROVING THE 2014-18 FIVE-YEAR COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) CONSOLIDATED PLAN,AS AMENDED, FOR THE CITY OF AMES WHEREAS, at its May 8, 2018,meeting,the City Council authorized staff to proceed with preparing an amendment to the 2014-18 CDBG Five-Year Consolidated Plan to incorporate the HOME funds and to set July 31, 2018, as the date of public hearing; and, WHEREAS,the Consolidated Plan is the federal planning document for the jurisdiction and requires detailed background information on the community, derived both from Census data and other comprehensive studies performed by the community; and, WHEREAS,the Plan must identify, over a three or five-year period,the goals and priorities to address the housing and community development needs of both low- and moderate-income persons as well as needs for higher-income housing; and, WHEREAS, the Plan must contain an Annual Action Plan that outlines program activities that will be undertaken to address or meet those goals and priorities; and, WHEREAS, since City Council direction to amend the Plan, staff has been working closely with the HUD Omaha staff to complete all of the required steps to receive the HOME funds; and, WHEREAS, one major change from May is that, in addition to the annual "local match" requirement for the HOME funds,the City also has to provide a one-time shortfall gap of$148,736 to receive the 2018/19 HOME allocation of$601,264; and, WHEREAS,the Iowa Finance Authority agreed to transfer$148,736 in HOME funds to the City of Ames to reach the$750,000 initial funding threshold requirement as a one-time grant to the City of State HOME funds; and, WHEREAS,because the City is entering into the last year(2018/19) of its current 2014-18 Five-Year Plan, only the Strategic Planning section of the Plan was required to be amended; and, WHEREAS, federal regulations require a 30-day public comment period, which ended on July 26, 2018; and, WHEREAS, no written comments were received by staff; and, NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa,that the 2014-18 CDBG Five-Year Consolidated Plan,as amended,is hereby approved,and authorization to submit the Plan to the Department of Housing and Urban Development as soon as possible, is hereby further approved. ADOPTED THIS 31 st day of July, 2018. Diane R. Voss, City Clerk John A. Haila, Mayor Introduced by: Beatty-Hansen Seconded by: Betcher Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin,Nelson Voting nay: None Absent: Martin Resolution declared adopted and signed by the Mayor this 31 st day of July, 2018.