Title
Subject: (Direct Referral) Proposed allocation of 2014 Community Development Block Grant (CDBG) and Emergency Solutions Grant (ESG) funding. (Res. No. 13-0498)
Recommendation of the Community Development Committee on 12-11-13: That the recommended allocation of the 2014 Community Development Block Grant (CDBG) and Emergency Solutions Grant (ESG) be approved; and, if the total grant received exceeds the funds allocated, that the excess be placed in the Local Option Fund; and, if the total grant received is less than funds allocated, that the Local Option Fund be reduced by the amount of the shortfall; and, that the appropriate city officials be authorized and directed to execute and submit to the U.S. Department of Housing and Urban Development the documents required to secure the grants; and, that the appropriate city officials be authorized to execute third-party contracts with the agencies approved for the use of the funds.
Fiscal Note: This action allocates an anticipated $1,695,000 in CDBG funds and $117,000 in ESG funds to specific projects, programs, and administration. The specific allocations are listed on the table attached to item 13-9613 in Legistar.