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Council approves amendment adding disaster-recovery CDBG funds to local multifamily projects
City Council of Clear Lake · July 21, 2022
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Summary
Clear Lake approved a staff-recommended amendment to its HCD CDBG-DR agreement that adds freed-up state funds and allows a previously short-funded multifamily project to move forward pending tax-credit awards.
The council unanimously approved a procedural amendment to the city’s contract with the California Department of Housing and Community Development to include additional CDBG disaster-recovery multifamily housing funds.
City staff explained the background: after the 2017 disaster award the city received about $1.15…
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