Title
Subject: Communication from the Director of City Development requesting an advance of city funds to the Community Development Block Grant (CDBG) and Emergency Shelter Grant (ESG) programs to allow reimbursement of grantee payment requests in anticipation of the receipt of funds from the U.S. Department of Housing and Urban Development. (Res.10-2024)
Recommendation of the Finance & Personnel Committee on 5-10-10: The City advance funds to the Community Development Block Grant and Emergency Shelter Grant programs in the amount up to $1,000,000, and the Committee be informed when the U.S. Department of Housing and Urban Development releases the awarded money to the City.
Fiscal Note: There are sufficient funds available for the advancement.