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File #: 0588-25    Version: A Name:
Type: Communication Status: In Committee
File created: 6/5/2025 In control: Community Development Block Grant Advisory Board
On agenda: Final action:
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. Staff Recommendation: That the CDBG Advisory Board recommend approval of 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.
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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.

 

Staff Recommendation: That the CDBG Advisory Board recommend approval of 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.