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HomeMy WebLinkAbout~Master - Approving Proposed 2020-21 Annual Action Plan Program Projects and Proposed Budget in Connection with the City's Community Development Block Grant (CDBG) Programs RESOLUTION NO. 20-078 RESOLUTION APPROVING PROPOSED 2020-21 ANNUAL ACTION PLAN PROGRAM PROJECTS AND PROPOSED BUDGET IN CONNECTION WITH THE CITY'S COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAMS FOR THE CITY OF AMES,IOWA WHEREAS, as part of the City's approved 2019-23 Five-Year Community Development Block Grant(CDBG)and HOME Consolidated Plan,the City must submit an Annual Action Plan that outlines the proposed activities and budget to be implemented in the upcoming year; and, WHEREAS, these activities should be consistent with the goals and priorities identified in the Consolidated Plan and should address the housing and community development needs of low-and moderate-income persons as well as the housing and community development needs of non-low-and moderate-income persons in the community; and, WHEREAS,the Annual Action Plan can address one or all of the goals and priorities of the housing and community development needs identified in the Consolidated Plan; and, WHEREAS, Housing and Urban Development (HUD)regulations require that the Annual Action Plan be submitted for approval within 45 days of the beginning of the program fiscal year (i.e.,by May 17,2020)and requires that the Plan be published for a minimum of a 30-day comment period to allow for citizen input on the proposed project(s) and utilization of the funds; and, WHEREAS,although the 2020 CDBG and HOME funding allocations for entitlement citites have not yet been announced, it is time to begin the process for determining the 2020-21 Annual Action Plan Projects; and, WHEREAS,in addressing the 2020-21 Annual Action Plan projects,staff are proposing the following program projections for consideration: 1. Utilize both CDBG and HOME funds to complete the 321 State Avenue Subdivision, which will include public infrastructure and new home construction. 2. Homebuyer Down Payment and Closing Cost Assistance Program 3. Utilize CDBG to acquire,demolish,or rehabilitate deteriorated housing citywide; to then sell or transfer these lots or houses to non-profit housing organizations to provide to low income households for rent or purchase. Note, where possible this program could assist in converting single-family rental properties back to single- family home ownership. 4. Utilize CDBG funds to complete the Shared Use Bike Path installation authorized by the recent Action Plan Amendment. WHEREAS,even though the amounts have not been allocated for the 2020-21 program year, staff had been advised,for planning purposes,to use the 2019-20 CDBG allocation fo$581,207 and HOME allocation of$481,968 for the 2020-21 Action Plan projects; and, WHEREAS, of the $581,207 of CDBG funds, approximately $464,965 are available for programming for FY 2020-21,and staff is cautiously anticipating a FY 2019-20 rollover balance of approximately$600,000, and anticipated FY 2020-21 program income of$300,000; and, WHEREAS,the majority of the program income is anticipated to come from the sale of the 6`' Street property and an additional $250,000 was allocated to the 321 State Avenue project from the G.O. Bond revenue in FY 2017-18, therefore; the total projected revenue is estimated to be $1,731,207 (including administration); and, WHEREAS, the $481,968 of HOME funds, approximately $361,476 is available for programming for FY 2020-21,and staff is anticipating a rollover balance of approximately$959,878 remaining from program years FY 2018-19 and FY 2019-20,therefore;the total projected revenue is estimated to be $1,441,846 (including administration); and, WHEREAS, staff recommended that the anticipated combined budgets of$3,173,053 be allocated to the project activities listed above; and, WHEREAS, staff will proceed, after direction from the City Council, with hosting public forums for citizen input and feedback,and public feedback will be shared with City Council for final project selection in early March 2020; and, WHEREAS, staff will then proceed with preparing the FY 2020-21 Annual Action Plan for the 30-day comment period and City Council's approval prior to May 17, 2020. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the Proposed FY 2020-21 Annual Action Plan Program Projects and Budget,as outlined above, for the City's Community Development Block Grant programs are hereby approved. ADOPTED THIS 11 th day of February, 2020. Diane R. Voss, City Clerk John A. Haila, Mayor Introduced by: Betcher Seconded by: Corrieri Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Martin Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this l l"" day of February, 2020.