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Title:
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Subject: Communication sponsored by Mayor Mason to authorize the Community Development Authority to use up to $68,211.22 in FY23 CDBG funds and up to $515,000 in HOME funds for the acquisition, demolition, and redevelopment of 1644 Packard Avenue.
Staff Recommendation: That the CDBG Advisory Board recommend approval of the use of up to $68,211.22 in FY23 CDBG Other Real Property Improvements funds and up to $515,000 in HOME funds by the Community Development Authority for the acquisition, demolition, and redevelopment of 1644 Packard Avenue.
Fiscal Note: The city will utilize current CDBG funding along with current and future HOME funding to support the project.
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