To: Board of County Commissioners
Through: Katherine Smith, Director, Community Resources
Prepared By:
prepared
Linda Haley, Housing and Community Development Services Division Manager
end
presenter
Presenter: Linda Haley, Housing and Community Development Services Division Manager, Community Resources
end
Subject:
title
1:00 PM *Allocation of Community Development Block Grant - COVID 19 (CDBG-CV) and HOME Investment Partnership Funds (HOME)
end
Purpose and Request:
recommended action
The purpose of this Board Summary Report is to review the funding recommendations for Community Development Block Grant - COVID-19 (CDBG-CV) funds, as well as Home Investment Partnerships Program (HOME) funds and to seek direction from the Board of County Commissioners (BOCC) regarding the plan to utilize these funds and to submit amendments to the 2019 and 2020 Annual Action Plan to the U.S. Department of Housing and Urban Development (HUD) for review and approval.
end
Background and Discussion: Following the passage of the CARES Act, Arapahoe County and the City of Centennial will receive a second additional allocation of CDBG funds (CDBG-CV) to assist with preventing, preparing for, and responding to coronavirus/COVID-19. The first round of CDBG-CV funding was reviewed with the BOCC at the April 20, 2020 study session and approved at the May 5, 2020 public hearing.
Combined, Arapahoe County and City of Centennial will receive an additional $1,252,343 in CDBG-CV funds from the CARES Act. Of the total, Arapahoe County will receive $933,467 and the City of Centennial will receive $318,876.
Under normal circumstances and program requirements, only 15% of CDBG funds can be awarded to public services each grant year. However, given the circumstances and urgent needs, HUD has waived the 15% cap on public services for...
Click here for full text