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Council approves reprogramming of federal HOME and NSP funds to Lancaster first‑time homebuyer program
Summary
Council approved a substantial amendment reallocating $745,009.04 in HOME funds and $868,398.81 from NSP3 into the city's first‑time homebuyer program; staff said no new funds were requested and there is no general‑fund impact.
The Lancaster City Council approved a substantial amendment to several federal action plans to reallocate previously awarded funds to the city’s first‑time homebuyer program.
Cindy Valdivia, the city’s CDBG funds analyst, presented the amendment and told the council that no new funds were being requested. “We are reallocating previously awarded dollars to better meet community needs,” Valdivia said.…
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