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Applications, Certifications and Assurances for U.S. Department of Housing and Urban Development Federal Assistance for Community Development Block Grant Program and HOME Investment Partnerships Grant Program; Consolidated Plan for FYs 2024 - 2026; and Action Plan for FY 2024 - 2025
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BRIEF OVERVIEW
As a new Urban Entitlement County and a recipient of Federal funds through the U.S. Department of Housing and Urban Development (HUD), Hernando County is required to develop and submit a three-year Consolidated Plan for Federal Fiscal Years 2024-2026 and an Annual Action Plan for program year 2024-2025. The plan describes how the County will allocate its Community Development Block Grant (CDBG) and HOME Investment Partnerships Program (HOME) funds and carry out housing and community development activities over a three-year period.
Two in-person public hearings and a virtual hearing were held which provided for and encouraged citizen participation during the program planning. The purpose of the meetings was to obtain views from citizens, non-profit agencies, neighborhood associations, residents of public housing, business partners, housing partners, and other interested parties on housing, homelessness, community development, and economic development.
The Consolidated Plan needs assessment identified five priorities to be addressed during the plan period:
1. Affordable Housing
2. Neighborhood Revitalization
3. Public Services
4. Ending Homelessness
5. Planning and Administration
The one-year action plan includes strategies to address these needs through utilization of the CDBG and HOME funds.
Hernando County is expecting to receive the following annual allocations: CDBG -$1,122,376 and HOME - $392,305. The amounts may vary at the time of funding. Draft documents are available for review and comment from Friday, July 12, 2024, to Monday August 12, 2024. Also, input and comments for the proposed activities in the draft 2024-2026 Consolidated Plan and Draft PY 2024-2025 Annual Action Plan can be obtained at this Public Hearing.
FINANCIAL IMPACT
Estimated funding in the amount of $1,122,376 will be budgeted for use under CDBG:
Fund: 0011 - General Fund, Department: 35071 - HHS-CDBG Entitlement and HOME funds in the amount of $392,305 in Fund: 0011 - General Fund, Department: 35071. These amounts will be reconciled with a Budget Amendment, as necessary once funding is confirmed.
LEGAL NOTE
The Board has authority to act on this matter pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended that the Board approve and adopt the funding increase, the FFY2024-2026 Five Year Consolidated Plan, PY 2024-2025 Annual Action Plan, and other supporting documents.