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Urbana Community Development Commission holds public hearing on 2026–27 HUD action plan
Summary
City staff presented a draft FY2026–27 Annual Action Plan for HUD CDBG and HOME funding with placeholder estimates of $392,195 in CDBG and $633,154.18 in HOME funds; public comment runs through March 23 and the commission is scheduled to vote in March.
The Urbana Community Development Commission convened a public hearing at 6 p.m. on Feb. 26 to review the city and Urbana Home Consortium’s draft fiscal-year 2026–27 Annual Action Plan for U.S. Department of Housing and Urban Development (HUD) funds. Nick Olsen, interim grants division manager for the city of Urbana, gave the presentation and answered commissioners’ questions.
The draft plan uses prior‑year allocations as placeholders while HUD’s official allocation is pending. "We are currently budgeting in the draft plan with the amount of $392,195 in CDBG funding and $633,154.18 in HOME funding," Olsen said. The draft also budgets tenant‑based rental assistance (TBRA) at $100,000 and retains HOME set‑asides for CHDO developer support, Olsen said.
Why it matters: The Annual Action Plan identifies the city’s…
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