Title
Fiscal Year 2024 Annual Action Plan for Housing and Community Development
Action
Action:
Adopt the Fiscal Year 2024 Annual Action Plan for Housing and Community Development.
Body
Staff Resource(s):
Shawn Heath, Housing and Neighborhood Services
Warren Wooten, Housing and 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 2024, the city expects to receive the following federal funding allocations, totaling $13,242,584:
* Community Development Block Grant: $5,618,194,
* HOME Investment Partnerships: $3,463,178,
* Emergency Solution Grants: $494,529, and
* Housing Opportunity for Persons with AIDS: $3,666,683.
* The Plan describes the city's use of HUD funding during fiscal year 2024 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.
? 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 a virtual public forum on February 16, 2023, and an in-person public forum on February 22, 2023. During the forums, staff provided an overview of the Action Plan, answered participants' questions, and provided residents with opportunities to make comments.
* Holding a public hearing at the April 10, 2023 Council business meeting.
* The Plan includes housing and community development needs and resources for the city and the Regional Housing Consortium.
? The Regional Housing Consortium is a partnership among the City of Charlotte; Mecklenburg County; and the towns of Cornelius, Pineville, Matthews, Mint Hill, Huntersville, and Davidson.
? The Plan must be submitted to HUD no later than May 15, 2023.
Attachments
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