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10/16/2012 06 2013 HUD Annual Action Plan; CDBG & HOME Program Funding BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT (5 ' Item No. For Meeting of: October 16, 2012 ITEM TITLE: Final Public Hearing and Resolution adopting the City of Yakima 2013 Annual Action Plan regarding the CDBG & HOME program funding. SUBMITTED BY: Joan Davenport, Acting Director of Community & Economic Development CONTACT Archie Matthews, ONDS Manager (575 -6101) PERSON /TELEPHONE: SUMMARY EXPLANATION: The Department of Housing and Urban Development (HUD) requires the City of Yakima submit an approved Annual Action Plan to receive both Community Development Block Grant (CDBG) and HOME entitlement. The estimated entitlements anticipated are CDBG in the amount of $843,202 and HOME funds in the amount of $373,908. The first public hearing was held September 4, 2012. The Annual Action Plan has been advertised and available to the public for comment since September 2, 2012. This is the second and final Public Hearing to allow citizens to comment on the proposed 2013 Annual Action Plan. Adoption of the Resolution will allow for submittal of the Annual Action Plan to HUD by the November 15 2012 submittal deadline. Resolution X Ordinance Other (specify) Contract: Mail to: Contract Term: Amount: Expiration Date: Insurance Required? No Funding Phone: Source: APPROVED FOR SUBMITTAL: City Manager & ' STAFF RECOMMENDATION: Hold the Public Hearing and adopt the resolution for the City of Yakima's 2013 Annual Action Plan. BOARD /COMMISSION RECOMMENDATION: ATTACHMENTS: Click to download ❑ Resolution - 2013 Annual Action Plan - CDBG & HOME ❑ 2013 CDBG Estimated Expenditures ❑ 2013 HOME Estimated Expenditures ❑ Letter from RCDR 08 -27 -2012 RESOLUTION NO. A RESOLUTION Adopting the HUD mandated 2013 Annual Action Plan for the City of Yakima. WHEREAS, every year, HUD requires the City of Yakima to submit a Annual Action plan as a requirement for receiving federal funds; and WHEREAS, In order to access the federal CDBG and HOME funds for year of 2013, the city is required to submit a Annual Action plan; and • WHEREAS, the Office of Neighborhood Development services has fulfilled the requirements for public input meetings and held an open 30 day written public comment period; and WHEREAS, the City of Yakima has a completed Draft Annual Action plan for 2013, now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: The City of Yakima City Council adopts the 2013 Annual Action Plan and the Manager of the City of Yakima is hereby authorized to direct staff to submit the Annual Action plan to HUD as required. ADOPTED BY THE CITY COUNCIL this 16th day of October, 2012. Micah Cawley, Mayor ATTEST: City Clerk City of Yakima Office of Neighborhood Development Services 2013 CDBG ESTIMATED EXPENDITURES WITH S/B �.�* Er �1.� i i �%`�+u� ia. F j rk�r� 1 a r6 r y `� 6 :'GS ':� � w- t� tlt xc h x r 'i,"'i i F '', ,�,r 9;�',Z, » Pi ;, ` ' iii {. ;..' .rl ii' . ', + 7x 6 2 1 -I0. �1Y (OilAh "�YI�S �I #1. 1.k :1 : :;, ` r r%T.. `5 >� ,� f aw5 + ' 4 yr: i .._. h �. i�eft . M ,iii ��, t 1 : ,b. `�.a ^�, , �,m '�'�:,s....ri„ Program 2013 Total Program Delivery 2013 Estimated HUD Programs (CDBG) Expenses Expenses Admin Expenses CDBG Single Family Rehabilitation 570.202 (b) Senior / Disabled Rehabilitation 145,004 203,125 Total 145,004 203,125 348,129 1I Community / Public Services 570.201 (e) Graffiti Abatement (approved by HUD 2007) 12,000 39,228 51,228 Fair Housing Counseling 507.201 (k) 3,000 47,343 50,343 Senior - Disabled Energy Assistance 10,000 10,000 OIC of WA -CBDO (not part of Pub Svs Cap) 75,000 75,000 Total 100,000 86,571 186,571 III Public Facilities 570.201 (c) Southeast Community Cntr / Miller Park Activity Cntr (or other public facilities in the neighborhood) 5,000 Public Infrastructure 934 Total 5,934 5,934 V Code Compliance 570.202 ( c) (Program Delivery) 169,848 * 0 169,848 169,848 V Economic Development 570.203 (b) .r Rural Comm. Dev Res. (RCDR) 50,000 Total 50,000 0 50,000 VI Administrative CDBG Costs 570.206 (s /b) 115,888 (Prog) 74,233 190,120 Grand Estimated Totals for Year 2013. 470,786 289,696 190,120 950,603 0 470,786 289,696 190,120 950,602 Entitlement is estimated as Congress has not yet approved the national HUD Budget. Program Income is estimated since the figure is unknown until the money is received. Appropriate adjustment will be made, if needed, when HUD awards are received. Carry forward will be encumbered when amount is known, in Spring, 2013 950,602 Estimated 2013 CDBG Revenue 950,602 1 20% 20% Admin 190,120 0 * Code Compliance consists of 2 FTE and 64% of Permit Tech- is currently under a program line but is still paid as a program delivery expense. City of Yakima Office of Neighborhood Development Services 2013 HOME 2013 HOME ESTIMATED REVENUES 124.337.0000.331 14.2 H M HUD HOME Program 373,908 124.337.0000.33114.2H P HOME Program -Prior Year 2012 Carry Forward 124.337.0000.361 40. H M I HOME Program Interest Income 13,000 1 24.337.0000.38500. H M P HOME Program Income 45,000 HOME Revenue Totals: 431,908 2013 HOME ESTIMATED EXPENDITURES Program 2013 Total All activity is eligible under 92.205 (a) (1) Program Delivery 2013 Estimated HOME PROJECT CATEGORIES: Expenses Expenses Admin Expenses First -Time Homeowner Assistance (up to $30,000 each) 0 0 Down Payment Assistance (up to $4,000 each = 20 or more) 0 0 Single - Family Home Rehabilitation 0 Community Housing Development Organization 56,086 8,000 64,086 (CHDO. HUD requirement, minimum of 15% of 2012 HOME Entitlement plus Program Income) New Construction 275,400 49,231 324,631 0 Administrative HOME Costs 43,191 43,191 Grand Estimated Total Expenses for Year 2013 331,486 57,231 43,191 431,908 0 331,486 57,231 43,191 431,908 Entitlement is estimated as Congress has not yet approved the national HUD Budget. Program Income is estimated as the figure is unknown until the money is received. Appropriate adjustment will be made, if needed, when HUD awards are received. Carry forward will be encumbered when amount is known, in Spring, 2013 Estimated 2013 HOME EN and PI Revenue 431,908 10% Admin 43,191 8/1/2012 is Budget Prep.2009.Guesstimate RECEIVED CITY OF AK MA 4 A w k , AUG 3 0 2012 OFFICE OF CITY COUNCIL Rural Community •'eve10 men,t Re Au 27, 2012 { ECE N ge ED Hon Micah Cawley & City Council Members City of Yakima 129 N. Second Street S E F 0 4 2012 Yakima, WA 98901 CITY OF YAKEMA PLANNING O V. Dear Mayor Cawley & City Council Members: The Rural Community Development Resources (RCDR) is interested in applying for a $500,000 Economic Development Administration (EDA) Revolving Loan Fund (RLF) capitalization grant. The 25% match required will be provided by private funds. These loan capital funds require a governmental agency to serve as the pass through for these funds. That request is being made to Yakima County. We want to obtain the support from the City of Yakima for a technical assistance grant for $50,000 for three years. These TA funds are essential for marketing these loan funds and providing the Technical Assistance for access to these loan funds for small businesses. In 1998, we were successful in obtaining an EDA loan capitalization grant for $300,000 with a $100,000 local investment from the City of Yakima for a total of $400, 000 of capital to investment for communities in Yakima County. (See attached) Those dollars have revolved 3.8 times totaling a $1,536,591 investment, nearly four times the initial funds, with the default rate of only 1.5 %. The past four years have been difficult for all businesses due to the downturn of the economy. The housing market fiasco, bank bailouts and tightening up of lending, put a damper on consumer confidence. During the first half of 2012, we see an increased consumer confidence with a spike in entrepreneurs interested in loans, services and business counseling. More loans were approved for funding this first half of the year than in all of fiscal year 2011. The biggest interest from small businesses and entrepreneurs continues to be access to capital. We are available to meet with you or Mr. O'Rourke or his staff for further discussion. Please let us know ASAP how to oceed with this request. Sincerely, Luz C • .n Guti - rrez . _ ___ -. -- - President /CEO c: Tony O'Rourke, City Manager Business Resources & Training Center ° Center for Latino Farmers Small Business Incubator • Youth Financial Fitness PO. Box 9492 ' Yakima, WA 98909 • (509) 453 -5133 • (509) 453-5165 FAX \vo-w rcdr.biz • w w.center orlatinofarmers.com