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HOLD a public hearing and consider an ordinance authorizing the 2024-2025 Annual Action Plan describing use of funds and authorizing application for and allocation of Community Development Block Grant (CDBG) and Home Investment Partnerships (HOME) program funds. (1st of 2 Public Hearings)
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DATE: June 18, 2024
TO: Kent Cagle, City Manager
FROM: Tiffanie McNair, Executive Director Community Development
SUBJECT: PY 2024-25/Fiscal Year 2025 Community Development Block Grant (CDBG) and Home Investments Partnerships (HOME) Program Annual Action Plan
BACKGROUND AND FINDINGS:
As an entitlement community the City of Killeen will receive funds from the U.S. Department of Housing and Urban Development (HUD) for PY 2024-2025 in the following amounts: $1,326,229.00 for Community Development Block Grant (CDBG) activities, and $533,770.00 for Home Investment Partnerships (HOME) activities. Additionally, the city has re-programmable CDBG program funds in the amount of $20,121.73. HOME funds available to reprogram include $95,710.58 from COVID-19 TBRA activities, $2,147.38 from prior year Home entitlement and $.98 from an Affordable Housing activity for a total of $97,858.94.
The grant cycle began on January 18th and concluded with the application for funding submissions by April 8th. The process included one-on-one and project feasibility/eligibility meetings and, pre-applications access and review. Attendance was required at Pre-Application workshops for first time applicants via Zoom or in-person. Upon pre-application approval, eligible entities received the full application for funding for both the CDBG and HOME programs. Thirteen (13) Annual Funding Applications were submitted.
Projects undertaken with CDBG, and HOME Program funds must address goals and objectives established in the 5-year Consolidated Strategic Plan (PY 2020-2024) and Annual Action Plan (PY 2024-2025) to meet affordable housing and community development needs. Applications consider...
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