Agenda Item Request:
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Approval of the Community Development 2024 Annual Action Plan including the allocation of CDBG and HOME partnership funds and Authorization of the County Manager to execute all required Certifications, Applications and Documents in conjunction with the submittal of the 2024 Consolidated Annual Action Plan.
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Background and Purpose of Request:
Requestor: Kristin Styles, Director of Community Development
Two public hearings are held concerning the Annual Action Plan. The 1st hearing was conducted during the April 8th Commissioner’s meeting. The 2nd public hearing will be held at the May 13th Commissioner’s meeting. The Community Development Annual Action Plan describes the 2024 annual allocation of funds for CDBG projects and activities in Cumberland County and the intended use of the HOME partnership funds.
Final vote by the Commissioners endorsing this plan is scheduled for the May 13, 2024 Commissioners meeting. The 2024 Annual Action Plan will be submitted to HUD no later than 60 days after HUD releases the 2024 formula allocations.
(1) Summary of 2024 Annual Action Plan with estimated 2024 CDBG and HOME Budgets,
(2) Summary of CDBG projects recommended for funding in PY24.
(3)The full 2024 Annual Action Plan is available to the public and can be found on the County’s Community Development Page: https://www.cumberlandcountyme.gov/2024AnnualActionPlan
Presentation: Yes
Funding Amount and Source:
100% of the funds for the CDBG and HOME programs come directly from HUD. The Community Development programs should have no fiscal impact on the County’s general budget. The 2024 CDBG allocation is estimated to be $1,556,118. The County’s portion of the HOME allocation is estimated to be $325,050.00 plus an additional $89,660.00 in program income.
Effective Date if Applicable: May 14, 2024