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Lakewood staff outline 2025–29 CDBG/HOME priorities, propose tenant-based rental deposit aid
Summary
Housing staff presented a draft five-year Consolidated Plan and first-year allocations, proposing a stay-the-course housing emphasis in 2025 with a new tenant-based rental deposit assistance line funded from HOME program income.
Lakewood housing staff presented a proposed 2025–29 Consolidated Plan and the city’s 2025 annual action plan at the City Council meeting on March 17, outlining CDBG and HOME spending priorities and a new tenant-based rental deposit assistance program.
The plan is meant to guide how the city uses federal Community Development Block Grant (CDBG) and HOME Investment Partnership (HOME) funds over five years. Jeff Gumb, Housing Division manager, told the council staff recommends “a stay the course in the initial year of the 5 year plan” and a housing-focused approach for 2025 while reserving infrastructure projects later in the cycle.
Gumb said the city currently projects about $525,000 in CDBG and $250,000 in HOME funding for 2025. Staff’s 2025 recommendations include $325,000…
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