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HomeMy WebLinkAbout07/05/2011 19 CDBG & HOME Program Funding; City of Yakima 2011 Annual Action Plan S BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. . . 4 ` 19 For Meeting of: July 5, 2011 ITEM TITLE: Set July 19, 2011 and August 2, 2011, as the dates to hold Public Hearings to consider amendments to the City of Yakima 2011 Annual Action Plan regarding the reduction of CDBG & HOME program funding. SUBMITTED BY: Joan Davenport, Acting Director of Community & Economic Development CONTACT PERSON / TELEPHONE: Archie Matthews, ONDS Manager (575 -6101) , SUMMARY EXPLANATION: The Department of Housing and Urban Development (HUD) has requested an amendment to the City of Yakima 2011 Annual Action Plan due to the pending federal budget reduction for the city's Community Development Block Grant (CDBG) and HOME entitlement amounts. The budget reduction for 2011 will reduce the city's CDBG entitlement by an estimated 16.5 %. A reduction of 11.7% is expected for the HOME program. Federal regulations require an amendment and corresponding public process when the programs are reduced by more than 10 %. ill This item sets the dates of July 19, 2011 and August 2, 2011, at 7:00 p.m., for public hearings to consider amendments to the city's 2011 Annual Action Plan regarding the reduction of CDBG and HOME program funding. Resolution Ordinance Other (Specify) Funding Source APPROVED FOR SUBMITTAL: N City ager STAFF RECOMMENDATION: Set dates of July 19, 2011 and August 2, 2011, . fora public meeting to consider amending the 2011 Annual Action Plan. BOARD /COMMISSION RECOMMENDATION: COUNCIL ACTION: