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Rocky Mount presents proposed CDBG and HOME reallocations to boost homeownership and CHDO projects
Summary
City staff proposed substantial amendments to the 2019–2024 annual action plans to reallocate Community Development Block Grant (CDBG) and HOME funds toward down-payment assistance, single- and multi-family development, and economic development; public hearing opened and closed with no public speakers.
Rocky Mount city staff on Monday presented proposed substantial amendments to the 2019–2024 annual action plans that would reallocate Community Development Block Grant (CDBG) and HOME Investment Partnerships Program (HOME) funds to accelerate homeownership and housing development for low- and moderate-income households.
The amendments would reduce the housing-rehabilitation budget and shift those dollars to down-payment assistance and housing development. Staff proposed reducing the CDBG housing-rehabilitation budget by $338,196 and transferring $81,337 to economic development and $256,859 to down-payment assistance. For HOME funds, staff proposed reallocating a $420,625 CHDO set-aside toward development of non–single-family homes for resale to income-eligible households, reducing the HOME housing-rehabilitation budget by $387,194 and transferring $205,000 to develop single-family homes and $182,194 to down-payment assistance.
The presentation was delivered by Ms. Cornelia McGee, identified in the meeting as the presenter of the plan amendments. A public hearing on the proposed substantial amendments was opened and, after no members of the public came forward, closed the same evening.
Councilman Harris asked whether older CDBG allocations are subject to time limits. McGee responded that the program is subject to HUD’s timeliness test and said the city has a six-year period for meeting that requirement and that Rocky Mount is meeting the CDBG timeliness test.
No formal action to adopt the amendments was recorded at the meeting; staff sought public feedback as part of the required amendment process and explained the transfers are intended to facilitate timely expenditure and to advance housing-affordability goals.
The city directed members of the public to the city website for additional project materials and for instructions on how to submit feedback during the public-comment period required for substantial amendments.
