The Waterford City Council approved two resolutions that keep the city in regional housing and community development funding programs: a three‑year HOME Investment Partnerships Program consortium agreement and a three‑year intergovernmental cooperation agreement for the Community Development Block Grant (CDBG) urban county entitlement.

Housing and economic development staff explained the HOME agreement would designate the city as a HOME subrecipient, securing a small annual allocation for eligible HOME activities such as down‑payment assistance or home rehabilitation. Staff noted federal restrictions on HOME use — including purchase‑price limits and a required local match — limit the program’s practical use in communities where typical home prices exceed those caps, which has historically constrained Waterford’s ability to deploy HOME down‑payment assistance locally.

On CDBG, staff described the program’s past use for pedestrian and ADA‑compliant improvements and street frontage work. City staff and council members referenced prior projects funded with CDBG and related funds, including past curb/sidewalk work on H Street and planned future work on G Street; the city’s approach emphasizes walkability and ADA upgrades. Both agreements run from Oct. 1, 2026, through Sept. 30, 2029, and the council approved the resolutions by unanimous vote.

Staff said smaller annual HOME allocations are often pooled at the county level for larger projects; the city intends to remain a consortium member so it can access any future program opportunities and continue to receive its designated allotment. The council approved both agreements 5‑0.