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Committee hears emergency repair update and concerns about HUD loan payments reducing local CDBG allocations

Community Development Block Grant Steering Committee · November 4, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

An emergency repair program update prompted discussion about using outside contractors and the source of funding (HUD CDBG). A committee member criticized a prior loan payment that reduces Denison’s HUD allocation; staff said the loan will be paid off in about two years and that HUD allocations use a nationwide formula.

The Community Development Block Grant Steering Committee received an update on its emergency repair program and discussed operational and funding questions, including whether work should be bid to outside contractors. A participant suggested bidding jobs to outside contractors instead…

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