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TO: Mayor Richard C. Irvin
FROM: Chris Ragona, Community Development Manager, Community Development Division
DATE: January 9, 2024
SUBJECT:
A Resolution Authorizing Approval of the 2024 Annual Action Plan and Substantial Amendment 2023-#3 Funding Recommendations.
PURPOSE:
On behalf of the City's Block Grant Working Committee (BGWC), Staff requests approval of its proposed funding recommendations for the City's 2024 Annual Action Plan for Federal Funding for Community Development Block Grant (CDBG) and Home Investment Partnership Program (HOME) to the U.S. Department of Housing and Urban Development (HUD). Annually, the City of Aurora ("City") receives approximately $1.3 million dollars in CDBG and $700,000 in HOME funds that are used to provide decent, safe, and sanitary housing and provide services and projects to low-to-moderate income persons (defined as earning at or below 80% of the Area Median Income, or approximately $88,250 for a family of four in 2023).
Under Substantial Amendment 2023-#3, Staff also requests approval of the BGWC's proposed funding recommendations utilizing prior year CDBG funds as well as the City's HOME American Rescue Plan (HOME-ARP) funding. As a one-time supplemental grant received through the American Rescue Plan, the City received $2,726,703 million dollars in HOME-ARP funds to be utilized to create affordable housing and provide supportive services for those who are experiencing homelessness, at risk of homelessness, survivors of gender-based and sexual-based crimes, and families requiring services and/or housing assistance to prevent homelessness or families that are experiencing a high level of housing insecurity. Residents that meet HUD's definition of extremely low-income (defined as earning at or below 30% of the Area Median Income, or approximately $33,100 for a family of four in 2023) will also primarily benefit from this funding.
BACKGROUND:
The City, as a direct recipient of CDBG, HOME, and HOME-ARP funds...
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