Title
HOLD a public hearing and consider an ordinance amending the 2020-2024 Community Development Department Consolidated Strategic Plan associated with Community Development Block Grant (CDBG) and Home Investment Partnerships (HOME) program funds.
Summary
DATE: July 19, 2022
TO: Kent Cagle, City Manager
FROM: Leslie Hinkle, Executive Director of Community Development
SUBJECT: Amendment to the Community Development PY 2020-2024 Consolidated Strategic Plan associated with the Community Development Block Grant (CDBG) and Home Investments Partnerships (HOME) Program
BACKGROUND AND FINDINGS:
The Consolidated Strategic Plan is a multi-year document required from jurisdictions participating in U.S. Department of Housing and Urban Development (HUD) grant programs by stating the City's plan to develop successful urban communities through goals established to expand access to affordable housing, foster suitable living environments, and expand economic opportunities, principally for low and moderate-income residents. Each associated Annual Action Plan describes how funding will be utilized during a particular program year to address priorities established in the Consolidated Strategic Plan. Amendments to the Consolidated Strategic Plan occur when community needs change throughout the five-year period. This amendment reflects the needs of life saving emergency equipment to be used primarily in north Killeen and the addition of a new priority - Development of Affordable Housing Rental and Owner located in the identified local areas known as the North Killeen Revitalization Area, as established by City Council (NKRA) and in the Local Target Area Large (LTAG), as identified in the Community Development Consolidated Strategic Plan 2020-2024. The amendment will add the two items to the goals and objectives established in the 5-year Consolidated Strategic Plan (PY 20-24) and allow for incorporation into the PY 2022-23 Annual Action Plan to meet affordable housing an...
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