AgdaPkt 2007-10-08 - Laserfiche WebLink

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REPO,RT 6.1C age 1 October 8,2007 SUBJECT Community Development Block Grant (CDBG) and City General Fund Funding Agreements for Fiscal Year 2007/08. RECOMMENDATION By motion, authorize staff to execute operating agreements for 15 public service and capital improvement programs with 13 non-profit organizations. BACKGROUND Each year the City receives an entitlement of Community Development Block Grant (CDBG) funds from the U.S. Department of Housing and Urban Development. The Council also allocates funds from the City's General Fund to some programs. This is in addition to funding provided through the Human Services Financial Assistance (HSFA) Program. The program activities provide intervention and supportive services to Redwood City citizens which include homeless services, senior and youth programs, job training, economic development assistance, minor home repair and energy conservation programs. The City Council approved these programs and activities on May 7, 2007 as part of the Third Annual Action Plan of the City's new Five-year Consolidated Plan for 2005-2010. The Council is now being asked to authorize the operating agreements to allow staff to disburse funds as these organizations incur costs. These non-profit organizations will collectively provide assistance to approximately 1,500 Redwood City residents who are low income or have special needs. The list of non-profit organizations and the amount funded is attached to this report. The Site Acquisition Program is intended to allocate funds to acquire land for new construction and acquire and rehabilitate existing housing for special needs housing. Eligible projects for funding are brought to the Council as specific sites or acquisition opportunities become available. These types of projects may be brought to Council at any time of the year to help the City meet its Timely Expenditure of Funds requirement and are funded at the time the project is ready to proceed. CDBG funds are exclusively targeted to low and moderate income residents to meet certain housing, supportive services, and non-housing community development needs. Approximately 20 programs that meet housing and homeless intervention are funded through CDBG. HOME Investment Partnership funds are exclusively targeted for the use of acquisition, rehabilitation, or new construction of affordable housing for low income residents. No activity will receive HOME funding under these funding agreements.