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Davenport CAC awards nearly $200,000 in leftover CDBG funds to housing rehabilitation
Summary
At its Jan. 5 meeting, the Davenport City Citizens Advisory Committee found a reprogramming request eligible and voted to award $199,614.33 in leftover program-year funds to the housing rehabilitation revolving loan fund, citing HUD caps and CAC reprogramming rules.
The Davenport City Citizens Advisory Committee voted Jan. 5 to award $199,614.33 in leftover program-year Community Development Block Grant (CDBG) funds to the housing rehabilitation revolving loan fund.
City staff member Heather told the committee that unspent and unobligated funds from the program year become eligible for reprogramming after the city completes its year-end audit. She said revolving loan funds are generally excluded from reprogramming, but the housing rehabilitation revolving loan program applied for the leftover funds and met the CAC's eligibility parameters. "The funding has to go for something that's already funded," Heather said, explaining the CAC's rule that reprogrammed dollars must be used for activities already approved under the program.
Heather said HUD limits the share of the grant that can go to public services (15% of the grant plus 15% of estimated program income), and staff reviewed available caps before recommending an award to housing rehabilitation. She described a roughly $200,000 balance remaining from the program year that could be reprogrammed and noted delays in receiving final financial reports because of pending HUD agreements; she said agencies will be reimbursed retroactively to July 1 once paperwork is complete.
A motion to declare the applicant eligible for reprogramming passed on a roll-call vote. A subsequent roll-call vote awarded the full requested amount to the housing rehabilitation and neighborhood redevelopment revolving loan fund. Members recorded as voting "aye" in the transcript were: Adela Raso, Ogleton, Arnold, Hodges, Lord, Chad Kiefer, Gilmore and Cooper.
The committee followed its two-step process for reprogramming: first finding the applicant eligible under CAC rules, then voting on the dollar award. Heather said the reprogrammed funds will be used for the same eligible activities as existing revolving loan fund dollars, including owner-occupied rehabilitation, neighborhood revitalization, down-payment assistance, emergency grants and loans, accessibility grants and multifamily rehabilitation.
The committee did not record any abstentions or no votes on the award in the meeting transcript. The action will increase the number of housing rehabilitation projects the program can support in the coming year.
The committee next moved on to consider scheduling for the Year 52 application review cycle.
