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...
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