Corona
City Council
Agenda Item 37
37. PUBLIC HEARING - PUBLIC HEARING FOR THE CITY COUNCIL CONSIDERATION OF\nTHE 2024-2025 ACTION PLAN FOR COMMUNITY DEVELOPMENT BLOCK GRANT AND\nHOME INVESTMENT PARTNERSHIPS PROGRAMS\nThat the City Council:\nAgenda\na. Approve the 2024-2025 Action Plan, inclusive of the anticipated allocation of\nfunds to the Community Development Block Grant and HOME Investment\nPartnerships projects, and authorize the City Manager, or his designee, to submit\nthese documents and any necessary amendments to the United States\nDepartment of Housing and Urban Development.\nb. Authorize the City Manager, or his designee, to adjust the Action Plan project\nand activity funding levels proportionally, as necessary, to conform with the final\nformula grant allocations announced by the United States Department of\nHousing and Urban Development and the total available Community\nDevelopment Block Grant and HOME Investment Partnerships funds.\nc. Authorize the City Manager, or his designee, to prepare and process all\nnecessary budgetary transactions to receive the funds included in the Housing\nand Urban Development Funding Approval Agreements.\nd. Authorize the City Manager, or his designee, to negotiate, execute, and amend\ncontracts with sub-recipients, developers, contractors, or professional service\nproviders as necessary to implement the Community Development Block Grant\nand HOME Investment Partnerships program activities using funds under the\napproved projects identified in the 2024-2025 Action Plan, and any ongoing\nprojects identified in prior Action Plans.\ne. Authorize the City Manager, or his designee, to amend, and submit to the United\nStates Department of Housing and Urban Development all plans and documents\nnecessary to administer the 2024-2025 Community Development Block Grant\nand HOME Investment Partnerships projects and activities.\nf. Authorize the appropriation of any Community Development Block Grant\nprogram income receipts from loan payoffs received by the City to the\nResidential Rehabilitation Program, CIP 67133431, a Community Development\nBlock Grant approved project, within the Community Development Block Grant\nFund.\ng. Authorize the appropriation of any HOME Investment Partnerships program\nincome receipts from loan payoffs received by the City to the Residential\nRehabilitation Program, CIP 67133432, a HOME Investment Partnerships\napproved project, within the HOME Investment Partnership Fund.