Agenda Item Description
A public hearing to receive comments on the adoption of Reprogramming Budget No. 1 (Substantial Amendment No. 1) to the FY 2018-19 Action Plan to: (a) use unspent prior year Community Development Block Grant funds in the total amount of $2,883,673, as follows: $2,097,567 to be used for the Housing and Neighborhood Revitalization, 2018 Notice of Funding Availability (2018 NOFA) and $786,106 to be used for the Mingo/Beall Street Improvement project; (b) reclassify $7,751,611 allocated for the 2018 NOFA from the reconstruction and rehabilitation category to the land acquisition category to allow for acquisition of land for residential purposes; (c) addition of the Residential Housing Development Program to the FY 2018-19 Action Plan; and (d) the use of funds for the Residential Housing Development Program; and at the close of the public hearing, authorize: (1) final adoption of Reprogramming Budget No.1 (Substantial Amendment No. 1); and (2) the establishment of appropriations in the total amount of $10,635,284 - Financing: FY 2018-19 CDBG Reprogramming No. 1 Funds ($10,635,284)