DATE: June 19, 2019
TO: Community Service Commission
FROM: Community Services Manager
SUBJECT
Title
Community Development Block Grant Timeliness Update
End
RECOMMENDATION
Recommendation
That the Community Services Commission reviews recent projects completed to meet timeliness.End
SUMMARY
The CDBG program annually provides formula entitlement grants to states and local governments with populations greater than 50,000. Annually on May 2, HUD conducts a point-in-time measure to assess an entitlement community’s timely use of CDBG funds. To meet this “timeliness ratio,” communities must have no more than 1.49 times their current program year entitlement in fund reserves.
In December 2018, staff sought guidance from Council and approval of a contingency plan to re-allocate up to $1.75M in available CDBG funds to eligible projects. After successfully spending down the City’s CDBG fund balance, the City’s current timeliness ratio is 1.27, and by the end of the Fiscal Year will be below 1.0. In total across FY 2019, the City of Hayward spent $4.6M in CDBG funds to create and maintain affordable housing, prevent homelessness, provide services for low-income individuals and families, improve public facilities, and create economic development opportunities for all.
ATTACHMENTS
Attachment I Staff Report