Submitted By
Tammie Grossman, Development Customer Services Director
Reviewed By
LKS
Agenda Item Title
Title
A Resolution Approving the Program Year 2015-2019 Consolidated Plan and the Program Year 2015 Action Plan For Submittal to the United States Department of Housing and Urban Development
End
Overview
Overview
Recently the Village Board released the draft Program Year ("PY") 2015-2019 Consolidated Plan for Housing and Community Development ("Con Plan") and the draft PY 2015 Action Plan ("Action Plan") for a 30-day public comment period, which ran from June 18-July 17, 2015. No comments were received by the Village. The final Con Plan and Action Plan must be submitted to HUD on August 14, 2015.
Body
Staff Recommendation
Adopt the Resolution approving the final Con Plan and Action Plan and authorizing submittal to HUD.
Fiscal Impact
There is no fiscal impact to the Village.
Background
Every five years, the Village must prepare a Con Plan in order to receive Community Development Block Grant ("CDBG") and Emergency Solutions Grant ("ESG") funds from the U.S. Department of Housing and Urban Development ("HUD"). The purpose of the HUD-mandated Con Plan is to state the priorities and strategies for meeting the needs of low- and moderate-income persons with CDBG and ESG funding.
The Con Plan will guide the funding allocations the Village makes over the next five years, starting with PY 2015, which starts on October 1, 2015. The Village will receive $1,505,367 in CDBG funding and $137,514 in ESG funding for PY 2015.
After approval of the draft plans at the June 15, 2015 Board Meeting, the Village released the draft Con Plan and Action Plan for a 30-day public comment period, which ran from June 18-July 17, 2015.
Alternatives
N/A
Previous Board Action
On June 15, 2015, the Village Board approved the release of the draft Con Plan and Action Plan for a 30-day public comment period.
Citizen Advisory Commission Actio...
Click here for full text