Loading...
HomeMy WebLinkAboutItem 08 2017-2018 HUD Agreement for CDBG Funds AGENDA ITEM SUMMARY Meeting Date: 10/16/2017 Meeting Type: Regular Meeting Staff Contact/Dept.: Erin Fifield/DPW Staff Phone No: 541-726-2302 Estimated Time: Consent Calendar S P R I N G F I E L D C I T Y C O U N C I L Council Goals: Encourage Economic Development and Revitalization through Community Partnerships ITEM TITLE: 2017-2018 HUD AGREEMENT FOR COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS ACTION REQUESTED: Approve a motion to authorize the City Manager to execute the Funding Approval/Agreement with the Department of Housing and Urban Development (HUD) in order to receive and make available CDBG funding for fiscal year 2018. ISSUE STATEMENT: Annually, the City must execute a grant agreement with the Department of Housing and Urban Development (HUD) in order to receive CDBG entitlement funds. The City cannot execute an agreement with sub-recipients who have been allocated CDBG funds for the FY17/18 year until the City signs the grant agreement with HUD. ATTACHMENTS: ATT1: 2017-2018 HUD Funding Approval/Agreement for CDBG funds DISCUSSION/ FINANCIAL IMPACT: The City of Springfield’s FY17/18 HUD CDBG entitlement award is $486,236. This motion would allow the City to execute the HUD Agreement, and then subsequently execute agreements with sub-recipients. Staff recommends Council approve giving the City Manager the authority to sign the agreement. AI S A T T A C H M E N T 1 , P a g e 1 o f 4 AI S A T T A C H M E N T 1 , P a g e 2 o f 4 AI S A T T A C H M E N T 1 , P a g e 3 o f 4 AIS ATTACHMENT 1, Page 4 of 4