Title
Resolution to approve the draft 2021 Annual Action Plan for HUD submittal
Presenter:
Catherine Duarte, Senior Analyst, Community Development Division
Steve Posey, HUD Program Manager, Community Development Division
Peter Wysocki, Planning & Community Development Department Director
Body
Summary:
Approval of the Annual Action Plan draft to HUD identifying strategies and performance expectations, as well as planned activities for the 2021 program year (Apr 1, 2021 through Mar 31, 2022)
Background:
The City of Colorado Springs is a U.S. Department of Housing and Urban Development (HUD) entitlement grantee and receives allocations of federal block grant funds under the Community Development Block Grant Program (CDBG), Home Investment Partnerships Program (HOME) and Emergency Solutions Grant (ESG). The purpose of the funds is to benefit low- and moderate- income residents of Colorado Springs, prevent slum and blight, encourage the development, improvement, and preservation of affordable housing, prevent and reduce homelessness and meet other urgent community needs. To be eligible to receive the annual entitlement grants, the City must develop and submit to HUD an Action Plan every year, identifying activities for the coming program year.
In 2020, the City of Colorado Springs also received substantial allocations of grant funds from the CARES Act. The total amount = $9,860,652 from two different programs, the Community Development Block Grant (CDBG) and the Emergency Solutions Grant (ESG). Per guidance from HUD, these funds will be programmed separately as a substantial amendment to the 2020 Annual Action Plan and are not included in today's item.
This item supports the City's strategic goal relating to building community and collaborative relationships by addressing a shortage of affordable housing, funding efforts to reduce and prevent homelessness, and improving the built environment in low- to moderate-income neighborhoods.
Furthermore, thi...
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