Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Prescott Valley begins CDBG consolidated plan and shares housing needs assessment findings
Summary
Town staff and consultants outlined how Prescott Valley will use its first Community Development Block Grant (CDBG) allocation alongside a separate Arizona Department of Housing-funded housing needs assessment that shows strong demand and rising prices for homes and rentals.
Prescott Valley officials and consultants briefed the Town Council on April 3 about preparing the town’s first Community Development Block Grant (CDBG) consolidated plan and a parallel housing needs assessment funded by the Arizona Department of Housing.
The presentation explained how CDBG funds must be targeted to benefit low- and moderate-income residents and outlined the consolidated plan process, public outreach requirements and reporting obligations. “As a new entitlement community for the Community Development Block Grant from the US Department of Housing and Urban Development, the town is working on our first consolidated and annual action plan,” said Tracy Lyra, deputy director for neighborhood services. Lyra said the town is estimated to receive $294,000 annually from HUD under the program.
Consultants from TDA Consulting described CDBG eligible activities — acquisition, rehabilitation, public facilities, limited public…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
