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HomeMy WebLinkAboutIR 89221111 111111 1 11111 � rilliq I= L*11,611 I Z LCT—Al Z 1 9X11 ZJ:f_J Z I *J:kVJ:4 01V 6 1:4 Z I I&I ZA—Al Z IS 211Z 1 E* *M n 777� Av Pagel of 3 1 The purpose of this Informal Report (IR) is to advise the City Council regarding the proposed use federal grant funds from the Department of Housing and Urban Development (HUD) for the upcomi 2008-2009 program year. I The Action Plan for the City of Fort Worth summarizes the major housing and community developmeni activities and proposed expenditures from the above grant funding sources for the upcoming program year, which begins on June 1, 2008 and ends on May 31, 2009. This Action Plan must be submitted to HUD by April 15, 2008. A public hearing and staff presentation regarding the Plan are proposed for Tuesday, April 1, with approval of the plan scheduled for Tuesday, April 8, 2008. In developing their junding recommendations for City Council, the Community Development Council (CDC) has held additional applicable HUD-required public hearings. City staff concurs with a majority of these recommendations with the exception of items which are identified in the chart on page two. A spreadsheet #f all specific CDC funding recommendations is attached. A a A • 0 3:'r-TA3Lt=N!1:- For 2008-09, the $6,964,078 in CDBG funds (including $350,000 in program income) is recommended to be allocated as follows- ISSUED BY THE CITY MANAGER FORT WORTH. TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS To the Mayor and Members of the City Council 8922 March 2, � 2008 Page 2 of 3 SUBJECT: 2008 -09 ACTION PLAN FOR USE OF U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GRANT FUNDS - Infrastructure / Economic Development $ 1,151,530 16.5% (This item includes streets, Section 108 loan repayment and CBDO Job training services.) - General Administration $1,389,654 20% (This item includes all Housing Department costs for administering the grant, as well as allocations for the Finance, Internal Audit, Planning and Development and Community Relations Departments. The Community Development Council has recommended decreases in the following public services programs: $30,000 for A -Prep Center Job Training (a 55% decrease from the previous year's funding); $16,435 for Senior Services (a 50% decrease from the previous year), and $30,000 for Housing Counseling Services ($20,000 less than requested). Staff recommendations that vary from the CDC recommendations regarding public services are summarized below: Agency /Program Previous Year's Funding Staff Recommendation A-Prep Job Training & Placement CBDO $67,197 $60,477 Senior Citizen Services - Como $17,597 $17,597 Senior Citizen Services - Riverside $17,000 $17,000 CJ's Studio of Performing Arts $12,096 $10,886 CFW PACS Woodhaven After School Enrichment $16,200 $16,200 CFW PACS Northside Community Action Partners $25,724 $25,724 CFW PACS SHIPP Homelessness Prevention $37,800 $37,800 CFW Housing Counseling Foreclosure Prevention 0 $50,000 Approximately $60,000 is recommended to remain in the CDBG unprogrammed reserve. HOME Investment Partnerships Program (HOME) For 2008 -09, the $2,920,630 in HOME and ADDI entitlement funds are recommended to be allocated as follows: - Homebuyer Assistance Program $ 800,000 27.4% (This item includes $25,737 in American Dream Down Payment Initiative funds.) - Community Housing Development Organizations (CHDO) $ 534,212 18.3% (This item includes the HUD - required 15% for non - profit affordable housing projects, as well as $100,000 for CHDO administrative operating costs) - Model Stocks Program $ 600,000 20.5% - Housing Trust Fund $ 696,797 23.9% (This item includes funds for as-yet undetermined projects that meet the priorities recommended by the Mayor's Commission on Quality Affordable Housing: homeowner rehabilitation, dispersion of affordable rental housing, single - family infill in targeted redevelopment areas, and homeless housing. ) - Grant Admi isctration $ 289,475 10% (This item covers staff costs for operating the program. A portion of HOME program administrative costs are also included in the CDBG housing project delivery costs above.) ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS :7P e all z I I N331121 • zms�� • s I � 1 11 ii a Administration $ 837,110 97% $ 25,8•0 3% Emergency Shelter Grant (ESG) Homeless Service Provide Administration i VTOTITAITIZ MAO Should you require additional information regarding proposed use of these HUD grant funds, please contact Jerome Walker at 817/392-7537. Dale A. 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