03/13/1985 Meeting - Laserfiche WebLink

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. COMMUNITY DEVELOPMENT BLOCK GRANT THREE-YEAR PLAN March 5, 1985 Page 3 e Funding Strategy: Allocate an equivalent of 15 percent of the block grant each year for the next three years in order to provide a total of $585,580. During years one and three, 15 percent of the grant allocation ($194,850) is recommended for social service funding. During year two, 12 percent of the grant allocation plus the total interest earned on an interim financing construction loan (e.g., the block grant float) for the Downtown Athletic Club ($30,000-50,000) is recommended to address social service needs. The 1983-84 City Council goals directed that Community Development Block Grant . funds be allocated to the Joint Social Services Fund to benefit social service agencies. The Community Goals document IIrecognizes the benefits of the social services network and its integration with the traditional public safety providers." This same document suggests actions ~ lIassist expansion of social service faci1ities". A review of CDBG regulations and experience promotes the use of these social service funds primarily for capital projects to benefit public service agencies. Evidence indicates that there is a cost-saving to the community and/or improvement in services related to the acquisition or upgrading of facilities by social service agencies. However, CDBG funds will be available to fund identified HUD eligible public services on a limited basis. Goal 4: Capital Improvement Program (CIP) Provide assistance to 10w- and moderate-income and disabled Eugene residents, and eliminate slums and blighted conditions through Capital Improvement Program projects in CDBG-e1igible target areas. e Funding Strategy: The I-CDC recommends a graduated increase in funds trom tlve percent ($64,950) in year one to ten percent ($129,900) in year two and 14 percent ($181,860) in year three. The current CIP developed by the City identifies few priority projects eligible for CDBG funding. Some projects in the current CIP relate to architec- tural barrier removal. By increasing the amount of funds in year two and year three, time is provided to identify additional eligible and priority projects. The proposed total three-year CDBG funding for CIP projects, including the infusion of reprogrammed funds, is $876,710. Capital improvement programs in Community Development Block Grant target areas are addressed in a variety of planning documents. One of the adopted com- munity goals is lito continue to upgrade accessibility for the disabled of all ages." Additionally, policies indicated in the goal document include lIincrease efforts to preserve, restore, and improve the residential quality of inner-city neighborhoods" and "support the development of undeveloped or underdeveloped land within the City." The Six-Point Program encourages the implementation of e