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Palm Bay board approves substantial amendment to CDBG spending; creates grant-funded housing rehabilitation specialist
Summary
The Palm Bay Community Development Advisory Board voted unanimously to approve a substantial amendment to the city’s Community Development Block Grant allocations, reallocating leftover funds, canceling two projects and creating a grant-funded housing rehabilitation specialist position.
The Palm Bay Community Development Advisory Board voted unanimously to approve a substantial amendment to the city’s Community Development Block Grant (CDBG) allocations that reassigns leftover funds, cancels two projects and creates a new, grant-funded housing rehabilitation specialist position.
A city staff presenter said the proposed amendment was made under federal rules (citing 24 CFR 91.105(c)) and is intended to reallocate funds from completed or canceled projects to projects that are shovel-ready so the city meets the U.S. Department of Housing and Urban Development (HUD) expenditure goal for the year. The presenter told the board HUD requires communities to meet an annual expenditure goal and that, as presented, Palm Bay needed to spend $776,737 to meet that goal. The presenter…
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