For City Council Meeting March 26, 2024
TO: Honorable Mayor and City Council
FROM: David N. Carmany, City Manager
AUTHOR: Cynthia Alvarado, Director of Parks, Recreation & Community Services
Title
Consider setting a Public Hearing for April 23, 2024, to solicit public comments from interested citizens for the City's 2024-2025 Community Development Block Grant Annual Action Plan.
RECOMMENDATION
Staff recommends that the City Council:
1) Set a Public Hearing for April 23, 2024, to solicit public comments from interested citizens in order to adopt the 2024-2025 CDBG annual plan.
Body
BACKGROUND
The City of Rialto is a recipient of Community Development Block Grant (CDBG) funds which provides annual grants on a formula basis to states, cities, and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons. The program is authorized under Title 1 of the Housing and Community Development Act of 1974, Public Law 93-383, as amended 42 U.S.C. 5301 et seq. The program was designed to reinforce several important values and principles of community development from the U.S. Department of Housing and Urban Development (HUD).
As a prerequisite to receiving its annual CDBG allocation, the City is required to submit a One-Year Action Plan. The Action Plan appropriates CDBG funds to specific programs and projects for the 2024-2025 Fiscal Year (FY). The City expects to receive $1,200,000 in federal CDBG funds. In addition, the City has a total of $325,156.56 of prior year funds that remained from projects and/or activities that were completed and closed out. As a result, the City has a projected total of $1,525,156.56 in CDBG funds available to commit to eligible projects.
The 2024-2025 program was reviewed by the CDBG ad-hoc subcommittee on March 7, 2024.
ANALYSIS/DISCUSSION
The City of Rialto is allocating CDBG funds to progr...
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