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Council approves CDBG reallocation to housing repair and rental rehab fund
Summary
To meet HUD’s timeliness test and avoid losing future Community Development Block Grant (CDBG) allocations, the council approved reallocation of roughly $393,154 from underutilizing projects to home‑repair programs and a new rental rehabilitation fund.
The Springfield City Council approved substantial amendments to prior Community Development Block Grant (CDBG) annual action plans to reallocate federal funds from projects that were not spending quickly enough.
Aaron Fifield, presenting for staff, said the city receives about $550,000 annually in CDBG entitlement funds from HUD, and HUD requires the city to meet a timeliness test limiting unspent funds to 1.5…
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