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Staff propose reallocating roughly $700,000 in HUD funds to a residential rehab program; public comment open
Summary
Municipal staff presented substantial amendments to reallocate about $500,000 in 2021 CDBG funds and about $200,000 in 2025 HOME funds to start a residential rehab and repair program, discussed program structure (grants, forgivable loans, deferred loans, amortized loans), and opened a public comment period through March 6; staff also noted an imminent RFP for supportive housing operating funds.
Municipal staff presented a public hearing on substantial amendments to the 2021 and 2025 HUD action plans to create a residential rehab and repair program and reallocate roughly $700,000 in prior HUD funds.
The proposed reallocation would use about $500,000 from 2021 CDBG funds and about $200,000 from 2025 HOME funds as a baseline to stand up a program that could include multiple financing tiers (grants for minor repairs, forgivable loans, deferred loans, and amortized loans for larger renovations). Staff said the proposal is preliminary and sought community input on caps, eligibility, program priorities and contractor roles.
The community-systems program manager described operational design concepts:…
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