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Ithaca IRA flags CDBG/HOME spenddown risks; homeowner-rehab and HOME-ARP rollouts lag
Summary
Staff reported several grant-funded programs are behind schedule, including a HOME-ARP contract with REACH and INHS homeowner-rehab projects, creating CDBG timeliness concerns. Staff said some reprogramming and accelerated vouchering should address shortfalls.
The Ithaca Urban Renewal Agency told its board that several grant-funded projects are behind schedule, posing a risk to CDBG timeliness requirements and to the agency's revenue projections. Agency staff emphasized they are actively pursuing reprogramming and contract remedies to meet federal deadlines.
Nelson reported that the agency executed a $900,000 HOME-ARP contract with REACH for rental assistance and case management but that spending ramped later than expected. "We thought we would be expending $50,000 this year,"…
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