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CDA director reports modest HUD increase, HOME cuts and affordable‑housing project setback
Summary
City staff told the Janesville Community Development Authority that CDBG funding rose slightly for 2025 while HOME funding for Rock County fell; a proposed affordable‑housing development lost a surplus‑land designation and is unlikely to proceed at that site, putting county funds at risk.
City staff told the Janesville Community Development Authority that Janesville's federal housing funds for 2025 will change modestly: a small increase in the city’s CDBG award and a reduction in HOME Program funds for the county consortium.
"We will be receiving a slight increase, an increase of 24,570 or 5.8% increase over our '24 allocation," Jennifer told the CDA during the director's report. She said that the HOME Investment Partnerships Program (HOME) allocation for Rock County had been reduced by about $299,005.89 (approximately 5.4%), and that Janesville's local HOME allocation would fall by just over $10,000.
Jennifer said the city had not yet received the executed HUD contract for 2025; staff are using the allocation notice as the basis for budget…
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