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IURA warns of CDBG spend‑down shortfalls; staff readies reprogramming options and flags new HUD compliance rules
Summary
Ithaca Urban Renewal Agency staff told the board the agency is behind schedule on several CDBG projects and is preparing options to reprogram funds where projects will not meet federal timeliness requirements.
Ithaca Urban Renewal Agency staff told the board the agency is behind schedule on several CDBG projects and is preparing options to reprogram funds where projects will not meet federal timeliness requirements.
Anise, a staff member responsible for grants, told the board that current analysis indicates a little more than $100,000 could become available for reprogramming from prior grants; up to $30,000 of that amount could be used for public‑service activities but the public‑services cap constrains allocations to that category. "Currently, without homeowner rehab, we expect a little more than a $100,000 to be available for reprogramming," Anise said. She outlined the key criteria for…
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