REPORT TO THE CITY COUNCIL
June 23, 2015
FROM: JENNIFER CLARK, Director
Development and Resource Management Department
BY: JOSE TRUJILLO, Housing Manager
Development and Resource Management Department
CRYSTAL SMITH, Business Manager
Development and Resource Management Department
SUBJECT
Title
***RESOLUTION - 49th amendment to Annual Appropriations Resolution ("AAR") No. 2014-95 Re-budgeting $500,000 of Community Development Block Grant ("CDBG") and $1,500,000 of HOME Investment Partnerships ("HOME") Program funds for Sub-recipient Agreements with Fresno County Economic Opportunities Commission ("FCEOC") previously approved by Council (Requires 5 affirmative votes)
Body
RECOMMENDATION
Adopt the 49th Amendment to AAR No. 2014-95 approving the re-budget of $500,000 of CDBG and $1,500,000 of HOME funds related to implementing the Targeted Area Distressed Property Program and the Target Area Rehabilitation Program Agreements between the City of Fresno and Fresno County Economic Opportunities Commission (FCEOC).
EXECUTIVE SUMMARY
In October 2013 the Fresno City Council approved implementation of a Targeted Area Distressed Property Grant Program and a Target Area Rehabilitation Program with FCEOC serving as a subrecipient to carry out the rehabilitation component of the program. Funding for the programs are provided through the CDBG and HOME Programs but were not included in the FY 2015 CDBG and HOME carryover. Funds associated with this program need re-budgeting into the current fiscal year to allow for contract expenditures.
BACKGROUND
As part of a comprehensive program to address deterioration and substandard housing in low to moderate-income (LMI) areas identified through code enforcement activity, CDBG staff developed the Targeted Area Distressed Property and the Target Area Rehabilitation Programs ("Programs"). The intent of the Program is to address code enforcement infractions and pr...
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