04-22-2019 Council Packet - Laserfiche WebLink

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CITY COUNCIL AGENDA ITEM 6C STAFF ORIGINATOR: Michael Grochala, Community Development Director MEETING DATE: April 22, 2019 TOPIC: Consider Resolution No. 19-50, Approving Participation in the Anoka County CDBG and HOME programs. VOTE REQUIRED: 3/5 INTRODUCTION Staff is requesting council consideration to participate in the Anoka County Housing and Urban Development (HUD) programs. BACKGROUND Anoka County administers receipt of federal Housing and Urban Development (HUD) funds from the Community Development Block Grant and HOME programs. The Community Development Block Grant (CDBG) program is the federal government’s primary program for promoting community revitalization. CDBG provides annual grants on a formula basis to Anoka County. The CDBG program has three national objectives: • Benefit low and moderate income persons • Aid in the prevention or elimination of slums or blight • Meet community needs that present a serious or immediate threat to the health or welfare of the community The HOME Investment Partnerships Program (HOME) provides formula grants to localities to fund a wide range of activities including building, buying, and/or rehabilitating affordable housing for rent or homeownership or providing direct rental assistance to low-income people. HOME is the largest Federal block grant to state and local governments designed exclusively to create affordable housing for low-income households. HOME program funds are awarded annually as formula grants to participating jurisdictions. The program’s flexibility allows local governments to use HOME funds for grants, direct loans or loan guarantees. Every three years the County must complete an Urban Requalification process to continue receiving and administering funds. As part of the process the County is required to notify participating communities of the option to be excluded from the County’s funding cycles for the next 3 years.