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File #: 2469-2020    Version: 1
Type: Ordinance Status: Passed
File created: 10/27/2020 In control: Finance Committee
On agenda: 11/16/2020 Final action: 11/19/2020
Title: To authorize and direct the Director of Finance and Management to accept grant funds from the U.S. Department of Housing and Urban Development in the amount of $7,000,000.00 for the Community Development Block Grant program; to authorize the appropriation of $3,783,500.00 from the unappropriated balance of the CDBG fund; and to declare an emergency. ($7,000,000.00)
Attachments: 1. Ord 2469-2020 PY21 CDBG Initial Appropriations
Explanation
BACKGROUND: The Department of Finance and Management, Division of Grants Management has been awarded annual entitlement funds for the Community Development Block Grant (CDBG) program from the U.S. Department of Housing and Urban Development (HUD). This ordinance is needed to accept the 2021 CDBG estimated award and appropriate a portion of the award in order to post timely financial transactions for grant-funded programs. There will be subsequent ordinances submitted by other City departments to appropriate the remaining grant funds and authorize contracts and expenditures for various CDBG activities.
The Community Development Block Grant (CDBG) Entitlement Program provides annual grants on a formula basis to entitled cities and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons.
The proposed funding for the Program Year 2021 allocated by HUD is planned for expenditures for the expansion of existing programing and new programing to serve low to moderate income residents of Columbus. All expenditures must be consistent with the community needs, priorities, and strategies stated in the City’s 2020-2024 Consolidated Plan approved by HUD. The appropriations requested in this ordinance align with the 2021 Action Plan submitted for City Council and are contingent on approval of Ord# 2345-2020.
Emergency action is requested to allow the financial transaction to be posted in the City's accounting system as soon as possible. Up to date financial posting promotes accurate accounting and financial management.
FISCAL EMPACT: The CDBG program is primarily funded with entitlement awards by the U.S. Department of Housing and Urban Development. However, certain grant programs may generate revenue that must be spent on furthering CDBG programming as required by the grantor. The anticipated PY2021 entitlement award ...

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