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TO: Mayor Thomas J. Weisner
FROM: Dan Barreiro, Chief Community Services Officer
DATE: January 10, 2014
SUBJECT:
A Resolution Authorizing Approval of a Revision to the City of Aurora Annual Action Plan 2014.
PURPOSE:
The City of Aurora receives annual CDBG and HOME program entitlement allocations from the U.S. Department of Housing and Urban Development (HUD) to support housing and community development efforts that benefit low and moderate income residents of Aurora. To annually reapply for federal funds, the City submits an Annual Action Plan (AAP) to HUD. The funding amounts contained in the AAP for each grant source are estimates only, based on prior year funding levels minus a contingency. Submitting an AAP to HUD with budget estimates allows for the City to utilize federal funding consistent with the City's fiscal (calendar) year. The City of Aurora Annual Action Plan 2014 was approved by the City on November 12, 2013 via R13-319.
After the November approval of the City's AAP, HUD issued new guidance to its Entitlement grantees requiring "Contingency" language be included in our AAP to address the fact that our sub-awards are estimates due to the timing of federal funding approval. HUD wants to City to be able to reconcile its initial federal funding estimate with actual HUD award when it is known without having to engage in an additional amendment process later in the year. This has caused the City to require a resubmittal of its AAP which is the requested approval in this staff report.
BACKGROUND:
The result of the new HUD mandated contingency language will be to address the impacts of increased or decreased funding levels from its estimate amount early in the year to the actual entitlement which is known 4-6 months later. This contingency language allows the City to implement CDBG/HOME funding without the need for additional review and public participation process at a later date when federal funding amounts are...
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