Laserfiche WebLink
CHDOs will be allocated at the Consortium level. The combined total available is $81,727. CHDO <br /> operating funds have been allocated at the consortium level and split equally between the four active <br /> CHDOs: Metropolitan Affordable Housing Corporation, Neighborhood Economic Development <br /> Corporation (NEDCO), St. Vincent dePaul, and Mainstream Housing, Inc. The Springfield <br /> Community Development Corporation is no longer eligible for CHDO status. <br /> <br />· Administration - $114,417 in HOME funds will be used for program administration. The Federal <br /> grant management system automatically budgets 10% of the grant amount for administration. <br /> <br />Timing <br />Approved One-Year Action Plans for Federal programs included in the Consolidated Plan and funded by <br />HUD are required to be submitted by May 15 each year for implementation beginning on July 1. One- <br />Year Action Plans for CDBG, HOME, and ADDI projects in Eugene and Springfield are submitted as <br />one document. <br /> <br />OPTIONS <br />The City Council may approve or not approve this item. <br /> <br />STAFF RECOMMENDATION <br />Staff recommends approval of the One-Year Action Plan for use of Federal CDBG, HOME, and ADDI <br />Program funds as presented. <br /> <br />SUGGESTED MOTION <br />Move to approve One-Year Action Plans for use of Federal CDBG, HOME, and ADDI Program funds. <br /> <br />ATTACHMENTS <br />A. CDBG-Five Year Summary of One-Year Action Plans <br />B. Summary of HOME/ADDI Allocations <br />C. CDBG Advisory Committee and HPB Members Lists <br /> <br />FOR MORE INFORMATION <br />Staff Contact: Linda Dawson <br />Telephone: 682-5071 <br />Staff E-Mail: linda.1, dawson~ci, eugene, or.us <br /> <br /> L:\CMO\2004 Council Agendas\M040412\S0404122C.doc <br /> <br /> <br />