Submitted By
Tammie Grossman, Development Customer Services Director
Reviewed By
A.M. Zayyad
Agenda Item Title
Title
A Resolution Approving Program Year (PY) 2022 Community Development Block Grants (CDBG) Funding Recommendations and Releasing the Draft PY 2022 Action Plan for Public Comment.
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Overview
Overview
As part of the five-year Program Year (PY) 2020-2024 Consolidated Plan for Housing and Community Development ("Con Plan") that guides decisions for allocating Community Development Block Grant funds, the Village has prepared the draft PY 2022 Action Plan, which includes proposed CDBG activities that the Community Development Citizens Advisory Committee ("CDCAC") recommended and that the Board is now being asked to approve.
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Recommendation
Recommendation
Approve the resolution authorizing the CDCAC's PY 2022 funding recommendations and release the PY 2022 Action Plan for a 30-day public comment period
Fiscal Impact
The Village of Oak Park is an entitlement community receiving an annual grant from the U.S. Department of Housing and Urban Development (HUD) annually. There is no fiscal impact on the General Revenue Funds.
Background
Each year, the Village must prepare an Annual Action Plan ("Action Plan") in order 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 the funding allocations the Village is making for Program Year 2022 ("PY 2022"), which starts on October 1, 2022, in order to serve these populations.
The Village will receive $1,553,643 in CDBG funding for PY 2022, which is a 6% decrease from the $1,653,543 that we received in PY2021. For historical reference, the Village received $1,666,079 in PY2020. As was the case in PY 2020 and 2021, the Village is not receiving any CDBG Emergency Solutions Grant (ESG) monies in PY 2022.
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