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Presentation, discussion, and possible action on the Community Development Block Grant Coronavirus Aid, Relief, and Economic Security Act Program to allocate unutilized funds
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RECOMMENDED ACTION
recommendation
WHEREAS, on March 27, 2020, the President of the United States signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law which provides relief for individuals and businesses negatively impacted by COVID-19;
WHEREAS, Title XII of the CARES Act provides supplemental formula funding of at least $5 billion to states to carry out activities under the Community Development Block Grant program (CDBG CARES) or CDBG-Coronavirus (CDBG-CV) among other programs to prevent, prepare for, and respond to COVID-19;
WHEREAS, the Department received $141,846,258 in three allocations of CDBG CARES funding from the U.S. Department of Housing and Urban Development (HUD), to prevent, prepare for, and respond to COVID-19;
WHEREAS, on April 14, 2022, the Board approved awards totaling $43,389,567 in CDBG CARES to 15 Community Resiliency Program (CRP) projects;
WHEREAS, since the time of the CRP Notice of Funding Availability (NOFA) release, $5,592,882 was identified as unutilized funds to be reallocated during the timeframe outlined in the Board Action Request, increasing the total amount of awarded CRP funds to $48,982,450;
WHEREAS, an additional $729,369 has been identified as unutilized CDBG CARES funding available to be reprogrammed and staff expects that additional funds may become available;
WHEREAS, staff is now recommending the Board allow the allocation of CDBG CARES funds totaling $729,369 into CDBG CARES eligible activities for existing and previous contracts with unmet needs; and
WHEREAS, staff is also recommending that the Board authorize staff to reallocate any additional CDBG CARES funds to existing and previous eligible CDBG CARES projects, or other activities allowable in the plan approved by HUD, as funding becomes ava...
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