File #: ID 2017-323    Version: 1 Name:
Type: Resolution Status: Filed
File created: 4/27/2017 In control: Regular City Commission Meeting
On agenda: 5/17/2017 Final action: 5/17/2017
Title: APPROVING THE CITY OF MARGATE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) AMENDED CONSOLIDATED PLAN FOR PROGRAM YEARS 2015-2019 AND THE CITY'S ANNUAL ACTION PLAN FOR PROGRAM YEAR 2016, PROVIDING FOR LEVERAGING OF FUNDS; AND ADDING ADDITIONAL ACTIVITIES TO THE PLAN.
Attachments: 1. RESOLUTION, 2. BACKGROUND - Consolidated Plan & Actual Plan 2017 Update DRAFT

 

TO:                     Mayor and City Commission

 

FROM:                     Samuel A. May, Interim City Manager

 

DATE:                     May 17, 2017

 

Title

APPROVING THE CITY OF MARGATE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) AMENDED CONSOLIDATED PLAN FOR PROGRAM YEARS 2015-2019 AND THE CITY’S ANNUAL ACTION PLAN FOR PROGRAM YEAR 2016, PROVIDING FOR LEVERAGING OF FUNDS; AND ADDING ADDITIONAL ACTIVITIES TO THE PLAN.

Body

 

 

BACKGROUND:                                          

 

The U.S Department of Housing and Urban Development has approved the City’s Amended Consolidated Plan for Program Year 2015-2019, and the Annual Action Plan for Program Year 2016.  This amendment provides additional activities to the City of Margate’s program for use of CDBG funds, including First-time Homebuyer Purchase Assistance and Public Facilities. The amendment also allows leveraging of additional funds from alternative sources. 

 

RECOMMENDATION:                     

 

Approval

 

FISCAL IMPACT:                     

 

The City’s CDBG program will receive CDBG funds for Program Year 2016 in the amount of $338,937.00.

 

CONTACT PERSON:                     

 

Benjamin Ziskal, AICP, CEcD, Economic Development Director