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File #: 0588-25    Version: A Name:
Type: Communication Status: Passed
File created: 6/5/2025 In control: Community Development Block Grant Advisory Board
On agenda: Final action: 8/6/2025
Title: Subject: Communication sponsored by Mayor Mason, that the FY 2025-2029 Five-Year Consolidated Plan, including the 2025 Annual Action Plan, be approved and adopted. Recommendation of the CDBG Advisory Board on 07-28-25: To approve the FY 2025-2029 Consolidated Plan and FY 2025 Annual Action Plan and authorize staff from the City Development Department to submit the Plan to the U.S. Department of Housing and Urban Development. Fiscal Note: FY 2025 funds will be expended according to HUD regulations for CDBG $1,771,629, HOME $515,160, and ESG $158,967 funds. The City of Racine expects to receive around $14 million in CDBG, HOME, and ESG funds over the course of the next five years. The Con Plan and AAP will guide the use and allocation of those funds towards community development and affordable housing needs.
Attachments: 1. ABM_Con Plan_AAP25, 2. 2025-2029 Con Plan_07.25.25, 3. 2025 ALL HUD Buckets, 4. #0588-25 Resolution

Title

Subject: Communication sponsored by Mayor Mason, that the FY 2025-2029 Five-Year Consolidated Plan, including the 2025 Annual Action Plan, be approved and adopted.

 

Recommendation of the CDBG Advisory Board on 07-28-25: To approve the FY 2025-2029 Consolidated Plan and FY 2025 Annual Action Plan and authorize staff from the City Development Department to submit the Plan to the U.S. Department of Housing and Urban Development.

 

Fiscal Note: FY 2025 funds will be expended according to HUD regulations for CDBG $1,771,629, HOME $515,160, and ESG $158,967 funds.  The City of Racine expects to receive around $14 million in CDBG, HOME, and ESG funds over the course of the next five years. The Con Plan and AAP will guide the use and allocation of those funds towards community development and affordable housing needs.