HomeMy WebLinkAboutMINUTES - 09221998 - C111 Contra
Costa
TO: BOARD OF SUPERVISORS ` Coin
FROM: Dennis M,. Barry, AICP
Community Development Director
DATE: September 22, 1998
SUBJECT: Request for Transfer of Community Development Block Grant (CDBG)
Funds
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
AUTHORIZE the Auditor-Controller to carry forward $135,820 in
unexpended FY 1997/98 CDBG funds allocated to the Neighborhood
Preservation Program operated by the Building Inspection Department
under CDBG Interagency Agreement 97-04 HSG to CDBG Interagency
Agreement 98-5 HSG ' for the FY 1998/99 Neighborhood Preservation
Program. Funds are used for the rehabilitation of affordable housing.
FISCAL IMPACT
No General Fund impact. CDBG .funds are allocated to the County on an
annual basis by the U.S. Department of Housing and Urban Development.
BACKGROUND/REASONS FOR RECOMMENDATIONS
The purpose of the -Neighborhood Preservation Program 'operated by the
County Building Inspection Department (BID) is to ass st in the
CONTINUED ON ATTACHMENT: X YES SIGNATURE: i
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDA IO OF BOID COMMTT
APPROVE OTHER
1
SIGNATURE(S) :
ACTION OF BOARD ON _ SepteTher 22, 1998 APPROVED AS RECOMMENDED �w
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
`X UNANIMOUS (ABSENT Nie } TRUE AND CORRECT COPY OF AN
AYES : NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES 'OF THE BOARD OF
SUPERVISORS .ON THE DATE SHOWN.
Contact: Kathleen K. Hamm
335--1257 ATTESTED
cc: County Administrator PHIL ' AqPCHELOR,
County Counsel THE BOARD OF SUPERVISORS
Auditor-Controller AND COUNTY ADMINISTRATOR
Community Development
Building Inspection Dept. BY .�.." � DEPUTY
revitalization and maintenance of viable communities in the Urban
County through the rehabilitation of affordable housing. CDBG
funds are used to provide low and zero-interest loans'; to low income
homeowners for housing rehabilitation.
The Neighborhood Preservation Program is an ongoingprogram. At
the close of FY 1997/98, the program had a balance of $135,820 in
unexpended CDBG funds remaining under CDBG Project Agreement 97-04
HSG. In combination with $400,000 in FY 1998195 CDBG funds
allocated to BID by the Board of Supervisors on April 28, 1998 and
CDBG program income estimated at $314,000, reallocation of the FY
1996197 funds to CDBG Interagency Agreement 97-04 HSG will provide
a total Neighborhood Preservation Program budget of approximately
$850,000 in CDBG funds for use in administering the program and
providing an estimated 32 to 35 additional loans during the current
fiscal year (CDBG Interagency Agreement 98---05 HSG) .
kh/k16/BO698-5