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Council hears HUD guidance: unspent CDBG funds to be allocated citywide; staff outline Section 108 loan uses
Summary
City staff told the council HUD guidance requires unspent CDBG funds from 2018–2024 be treated citywide rather than ward‑specific; council discussed a forthcoming substantial amendment and the possibility of a Section 108 loan to gap‑finance larger projects once the city demonstrates prior expenditures.
CDBG and community development staff briefed the council on the status of previously unspent CDBG and HOME entitlement funds covering 2018–2024. Staff said HUD directed that these dollars must be treated on a citywide basis rather than targeted to specific wards, and that a 30‑day public comment period for a substantial amendment is open with the plan expected to return to council for consideration on July 22.
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