Submitted By
Ahmad M. Zayyad, Deputy Village Manager
Reviewed By
Erin E. Baynes, Assistant to the Village Manager
Agenda Item Title
Title
A Resolution Approving Program Year (PY) 2024 Funding Recommendations and Releasing the Draft PY 2024 Action Plan for Public Comment
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Overview
Overview
As part of the five-year Program Year (PY) Consolidated Plan for Housing and Community Development, or "Con Plan," the Village has prepared the draft PY 2024 Action Plan. The Con Plan guides decisions for allocating Community Development Block Grant funds, including proposed CDBG activities that the Community Development Citizen Advisory Commission ("CDCAC") recommends the Board approves.
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Recommendation
Recommendation
Approve the Resolution.
Background
Each year, the Village must prepare an Annual Action Plan ("Action Plan") to receive Community Development Block Grant ("CDBG") funds from the U.S. Department of Housing and Urban Development ("HUD"). The purpose of the CDBG Program is to meet the needs of primarily low- and moderate-income persons. The Action Plan describes Village funding allocations for Program Year 2024 ("PY 2024") which begins on October 1, 2024.
The Village will receive $1,581,724 in CDBG funding for PY 2024, a 1% increase from the $1,539,187 received in PY 2023. The Village did not receive CDBG Emergency Solutions Grant (ESG) monies in PY 2024 and has not received these monies since PY 2019.
The CDCAC reviewed PY 2024 applications, held three public meetings, including two meeting presentations from applicants, and recommends specific funding allocations to the Village Board for numerous non-profit agencies that will carry out CDBG Public Services, CDBG Facility Improvement projects, and CDBG Administration. These recommendations became part of the draft PY 2024 Action Plan, including Village-operated projects; Public Works infrastructure, Neighborhood Services housing programs, and the Public Health Department Farmer's Market
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