REPORT TO THE CITY COUNCIL
February 14, 2019
FROM: JENNIFER CLARK, Director
Development and Resource Management
THROUGH: KELLI FURTADO, Assistant Director
Development and Resource Management Department
BY: THOMAS MORGAN, Housing Manager
Housing and Community Development Division
SUBJECT
Title
HEARING to obtain public comments regarding the implementation of proposed Substantial Amendment No. 2018-01 to the Fiscal Year 2018-2019 (FY 2019) Annual Action Plan
Body
RECOMMENDATIONS
Staff recommends the City Council obtain the views and comments from interested persons regarding implementation of the City's proposed activities with U.S. Housing and Urban Development (HUD) grant funding.
EXECUTIVE SUMMARY
Staff has identified $2,259,784.43 in Community Development Block Grant (CDBG) funds that may be reprogrammed for eligible activities. These CDBG funds are derived from project savings ($518,843.12), multi-year activities experiencing delays ($624,250), activities which will be completed through alternative funding sources ($610,123), previously unbudgeted funds ($316,568.31), and one cancelled project ($190,000). In order to reprogram CDBG funds, HUD requires a Substantial Amendment to the 2018-2019 Annual Action Plan (Substantial Amendment No. 2018-01). Reprogramming these funds will allow the City of Fresno (City) to expediently utilize funds and assist the City in meeting CDBG expenditure, documentation, and drawdown requirements in time to meet HUD's May 1, 2019, timeliness test.
Once reprogrammed, the CDBG funds are proposed to assist with land acquisition and acquisition-related costs for the Fancher Creek Senior Housing Project, a 180 unit senior rental housing project at Marion Avenue and Fancher Creek Drive. Staff anticipates bringing Substantial Amendment No. 2018-01 back for City Council consideration at a later date.
BACKGROUND
As part of the mandate from Congress to administer the CDBG Program, HUD is required...
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