Print
Reading Mode
Back to Calendar
Return
6.20.
Regular City Council Meeting
Meeting Date:
05/25/2021
Information
Agenda Item
Resolution - Community Development:
Consider a resolution authorizing the Mayor to execute Contract 15921 and all related documents, between the City of Lubbock and the U. S. Department of Housing and Urban Development (HUD), for the Home Investment Partnerships Grant (HOME).
Item Summary
This is a contract for the HOME Grant from HUD. The funds will be used for Community Housing Development Organization (CHDO) Operations and Projects, Affordable Housing, and Administration.
The Community Development and Services Board (CDSB) held a virtual public hearing followed by a virtual public board meeting on March 10, 2021, to discuss and approve the 2020 Action Plan draft. The Action Plan is the document that was submitted to HUD and serves as the City’s application for, and proposed use of HOME Grant Funds. CDSB recommends acceptance by the City Council of the FY 2020 HOME Funding from HUD.
Fiscal Impact
There is no fiscal impact on the General Fund involved with this contract. The funds used originate from the U. S. Department of Housing and Urban Development, and the maximum allocation of this grant is $948,611.
Staff/Board Recommending
Bill Howerton, Deputy City Manager
Attachments
Resolution HOME
Contract - 2020 HOME Agmt.
AgendaQuick ©2005 - 2024 Destiny Software Inc.
All Rights Reserved.