1 2024 Annual Action Planand2019 CDBG-CV Amendment IV
City Council Meeting
April 15, 2024
Funding Process
2 30-Day Public Comment Period March 15 – April 15
3 2024 CDBG Projected Resources
4 Table 1: 2024 CDBG Resources
Resources
Amount
2024 Annual Allocation
$ 1,200,000
2024 Program Income
100,000
Total 2024 CDBG Resources
$ 1,300,000
5 2024 CDBG Proposed Funding
Table 2: 2024 CDBG Proposed Funding
Grant Administration
$ 260,000
Kings Tulare Homeless Alliance - Continuum of Care(CoC) Point-In-Time Count 20,000
Kings View PATH Program - Housing Flex Funds
20,000
Family Services of Tulare County - Permanent Supportive Housing (PSH) Match 50,000
Elevate Community Services - Permanent Supportive Housing (PSH) Match 25,000
Self-Help Enterprises - Eden House Transitional Bridge Housing 125,000
Habitat for Humanity - Emergency Repair and ADA Program 50,000
Self-Help Enterprises - Senior Mobile Home Repair Program 75,000
Code Enforcement Services - Low-Moderate Income Target Areas 175,000
Park Improvements - Lincoln Oval Park Fence and Lighting Improvements 50,000
ADA Compliance Projects - ADA Tree Wells Project CP0618* 450,000
Total 2024 CDBG Expenditures
$ 1,300,000
2024 HOME Projected Resources
6 Table 3: 2024 HOME Resources
Resources
Amount
2024 Annual Grant Allocation
$ 540,000
2024 Program Income
100,000
Prior Year Resources
425,000
Total 2024 HOME Resources
$ 1,065,000
2024 HOME Proposed Funding
7 Table 4: 2024 HOME Proposed Funding
HOME Administration
$ 64,000
HOME-CHDO Rancho Colegio*
1,001,000
Total 2024 HOME Expenditures
$1,065,000
HOME-CHDO Project Rancho Colegio
8 80-Unit Multifamily Complex
Households at or below 50%
Area Median Income (AMI)
1-, 2-, & 3-Bedroom Units
11-HOME Assisted Units
20-Farmworker Units
55-Year Affordability Covenant
9 2019 CARES Act (CDBG-CV) Action Plan Amendment IV
Table 5: CDBG-CV Reallocation Rental/Mortgage Program
Funding:
Activity
Amount
CDBG-CV Reallocation Funding
$ 291,599.00
CV RE Rental/Mortgage Program Expenses
273,435.94
Remaining CDBG-CV RE Funds
$ 18,163.06
Performance:
Activity
Households
Rental Assistance
95 Mortgage Assistance
16 Total Households Assisted
111
10 2019 CDBG-CV Action Plan Amendment IV
Table 6: 2019 CDBG-CV Action Plan Amendment IV
Activity
Approved
Adjustments
Proposed
CDBG-CV RE Rental/Mortgage
$ 291,599
$ (18,163)
$ 273,436
CDBG-CV RE Administration
-
18,163
18,163
Total CDBG-CV Reallocation
$ 291,599
$ -
$ 291,599
11 Action Tonight
Staff Recommends
Conduct a 2nd Public Hearing.
Motion to approve and appropriate funds for:
2024 Annual Action Plan
2019 CDBG-CV Action Plan Amend IV
Motion to enter all contracts as listed in the 2024 Action Plan.
Authorize submission to HUD.