1 / 4

Community Development Block Grant Program Amendment 2017-2018

This amendment to the 2017-2018 Annual Action Plan reallocates funds for building improvements in Pasadena. The recommended action is exempt from CEQA. Background: The Annual Action Plan outlines the use of HUD entitlement funds, with this amendment adjusting funding allocation. A public hearing was held from January 11 to February 15, 2018, with no comments received. The CDBG Amendment aims to address unspent funds by reallocating $100k and allocating $300k for building renovations at the Pasadena Enterprise Center.

kristig
Download Presentation

Community Development Block Grant Program Amendment 2017-2018

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. City CouncilSubstantial Amendment to 2017-18 Annual Action PlanCommunity Development Block Grant Program February 26, 2018 Randy Mabson, Program Coordinator

  2. Amendment to 2017-2018 Annual Action Plan Recommendation • Find that the recommended action is exempt from CEQA under the “General Rule” guidelines that CEQA only applies to projects that may have an effect on the environment; and • Approve the submission to HUD of a Substantial Amendment to the 2017-18 Annual Action Plan to: a) reduce funding by $100,000 in the CDBG funds from the MASH Pasadena Single Family Residential Rehabilitation Program; and b) allocate $300,000 in CDBG funds for Pasadena Enterprise Center building improvements.

  3. Amendment to 2017-2018 Annual Action Plan Background • The Annual Action Plan (AAP) sets forth proposed use of HUD entitlement funds for the coming program year. • On May 15, 2017, City Council approved the 2017-2018 AAP for submittal to HUD. • The public hearing was noticed in the Pasadena Star News from January 11, 2018 through February 15, 2018. To date the department has not received any comments on the amendment.

  4. Amendment to 2017-2018 Annual Action Plan CDBG Amendment • Due to more than anticipated fees for services work the MASH PSFRR program will not expend all of its CDBG budget. • To maintain compliance with HUD drawdown requirements, $100k in CDBG funds will be recaptured and allocated to other CDBG program activities. • Staff proposes to allocate $300k from the CDBG fund balance (available from recaptured funds and program income) to perform renovation at the PEC building located on 1015 N. Lake Ave, which is in escrow to be acquired by the City on March 12, 2018.

More Related