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TO: Mayor Thomas J. Weisner
FROM: Jeff McLaughlin, Neighborhood Redevelopment Manager
DATE: October 29, 2014
SUBJECT:
Resolution Authorizing an Annual Action Plan Substantial Amendment (2014 - #5) to Reflect Funding Re/Allocations for the Community Development Block Grant (CDBG) and HOME Investment Partnerships Act (HOME) Programs
PURPOSE:
Staff requests authorization of an Annual Action Plan Substantial Amendment (2014 - #5) to provide grant funding for the projects listed below. The Block Grant Working Committee (BGWC) met on October 29, 2014 and made the following recommendations for funding (re)allocations:
CDBG PROJECT
FUNDING SOURCE
COMMENTS
AMOUNT
City of Aurora Infrastructure
2014 CDBG - Rebuilding Together Aurora Safe at Home Program
Additional 2014 funding that could not be programmed.
$121,998.00
Total CDBG Reallocated Funds Budget:
$121,998.00
HOME PROJECT
FUNDING SOURCE
COMMENTS
AMOUNT
Acquisition and Rehabilitation of 843-845 Bowditch Avenue
2013 and 2014 HOME - Unallocated
15% Set-Aside for Community Housing Development Organizations
$67,378.00
Total HOME Allocated Funds Budget:
$67,378.00
The BGWC chose the above items for funding (re)allocations as they will allow Rebuilding Together Aurora to redistribute a large additional allocation of 2015 CDBG funds over four program years to better suit the organization's program capacity, and will also assist the Association for Individual Development (AID) to purchase and rehabilitate two workforce housing units located at 843-845 Bowditch Avenue in Aurora (a duplex). The BGWC will hold a Public Hearing on Monday November 17, 2014 at 5:00 P.M., in the City Hall Council Chambers to discuss the above recommendations.
BACKGROUND:
As an entitlement community, the City of Aurora annually receives approximately $1.4 million in CDBG and $530,000 in HOME funds that are used to eliminate slum and blight; provide decent, safe, and sanitary housing; and provide services and proj...
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