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for this item is $70,000. Eugene’s contribution is $49,000 and Springfield’s contribution is $21,000. <br />Consortium CHDO operating funds will be split equally between the four active CHDOs: Mainstream <br />Housing, Inc, Metropolitan Affordable Housing Corporation (Metro), Neighborhood Economic <br />Development Corporation (NEDCO), and St.Vincent dePaul Society of Lane County, Inc. Each CHDO <br />will receive $17,500. All CHDOs must be certified or recertified each year in order to receive CHDO <br />Operating Funds. <br /> <br />Administration - <br /> $98,303: The Federal grant management system automatically budgets 10% of new <br />HOME funds for administration. Eugene will receive 70% of the amount awarded to the Consortium. <br /> <br />Additional Funds <br /> – HPB recommends that any additional funds received above the estimated budget be <br />added to the Housing Development budget. <br /> <br /> <br />RELATED CITY POLICIES <br />This allocation plan is based on the Consolidated Plan 2005 which guides the use of federal CDBG, <br />HOME, and ADDI funds through 2010. In order to allocate funds to specific programs or projects, <br />HUD regulations require a citizen participation process, including advertising and conducting a public <br />hearing, followed by City Council action. <br /> <br /> <br />COUNCIL OPTIONS <br /> <br />The City Council can approve, not approve, or modify the One-Year Action Plan for use of Federal <br />CDBG and HOME funds for 2009/10. <br /> <br /> <br />CITY MANAGER’S RECOMMENDATION <br /> <br />The City Manager recommends approval of the One-Year Action Plan for use of Federal CDBG and <br />HOME funds in 2009/10. <br /> <br /> <br />SUGGESTED MOTION <br /> <br />Move to approve the One-Year Action Plan for use of Federal CDBG and HOME funds in <br />2009/10. <br /> <br /> <br />ATTACHMENTS <br /> <br />A. CDBG-Five Year Summary of One-Year Action Plans <br />B. Summary of HOME Allocations <br />C. CDBG Advisory Committee, CDBG Non-Profit Capital Project Review Team, and Housing Policy <br /> Board Members Lists <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Stephanie Jennings <br />Telephone: 682-5529 <br />Staff E-Mail: stephanie.a.jennings@ci.eugene.or.us <br />Z:\CMO\2009 Council Agendas\M090427\S0904272C and atts A,B,C.doc <br /> <br />