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Council reallocates CDBG and NSP funds to roof repairs and land acquisition for affordable housing
Summary
The council approved amendments to the City's CDBG action plans to reallocate Neighborhood Stabilization Program and unspent CDBG funds, directing roughly $2.87 million to a Home Improvement Roof Grant Program and $300,000 toward land acquisition for affordable housing.
The City Council approved two substantial amendments Feb. 11 to Community Development Block Grant (CDBG) action plans and related allocations, moving unspent Neighborhood Stabilization Program (NSP) and CDBG funds to priority uses the city said would be quickly expendable.
Staff explained the federal rules that require a formal…
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