Title
Fiscal Year 2025 Annual Action Plan for Housing and Community Development
Action
Action:
Adopt the Fiscal Year 2025 Annual Action Plan for Housing and Community Development.
Body
Staff Resource(s):
Rebecca Hefner, Housing & Neighborhood Services
Warren Wooten, Housing & Neighborhood Services
Explanation
§ The U.S. Department of Housing and Urban Development (HUD) mandates the development of an Annual Action Plan (Plan) to receive federal funding for housing and community development activities.
§ In Fiscal Year (FY) 2025, the city expects to receive the following federal funding allocations, totaling $12,684,722:
- Community Development Block Grant (CDBG): $5,542,450
- HOME Investment Partnerships Grant (HOME Program): $2,896,775
- Emergency Solution Grants (ESG): $493,780
- Housing Opportunity for Persons with AIDS (HOPWA): $3,751,717
§ The Plan describes the city’s use of HUD funding during FY 2025 and is consistent with the city’s Housing Charlotte Framework to preserve existing housing, expand the supply of low- and moderate-income housing, and support family self-sufficiency.
§ The Plan includes housing and community development needs and resources for the city and the Charlotte-Mecklenburg Regional Housing Consortium (Consortium).
§ The Consortium, authorized by HUD pursuant to HOME Program guidelines, is a partnership among the city, Mecklenburg County, and the towns of Cornelius, Davidson, Huntersville, Matthews, Mint Hill, and Pineville.
§ Community engagement on the Plan included:
- Publishing a draft copy of the Plan to the city’s website with paper copies available by request in English and Spanish.
- Holding an in-person public forum on February 15, 2024, and a virtual public forum on February 20, 2024. During the forums, staff were available to provide an overview of the Plan, answer questions, and provide participants with opportunities to make comments.
- Holding a public hearing at the April 8, 2024, Council business meeting.
§ The Plan must be submitted to HUD no later than July 7, 2024.
Attachments
Attachment(s)
FY 2025 Annual Action Plan for Housing and Community Development - Executive Summary