DEPARTMENT: Department of Planning and Community Development
DEPARTMENT HEAD: John M. Dugan
COUNCIL DISTRICTS IMPACTED: City Wide
SUBJECT:
A Public Hearing and Consideration of a recommendation authorizing a substantial amendment to the FY 2016 Annual Action Plan and Budget by authorizing the reprogramming of Community Development Block Grant funding for the Indian Creek CentroMed Clinic and the exchange of Certificates of Obligation to the S. Medina Street Extension
SUMMARY:
This item presents to the City Council a substantial amendment to the FY 2016 Annual Action Plan and Budget by authorizing the reprogramming of Community Development Block Grant (CDBG) funds in the amount of $472,000 for the development of the Indian Creek CentroMed Clinic and authorizes the exchange of Certificates of Obligation in the amount of $450,000 to the S. Medina Street Extension. This will also serve as a public hearing as required by the U.S. Department of Housing and Urban Development, when conducting a substantial amendment to the FY 2016 Action Plan and Budget.
BACKGROUND INFORMATION:
Community Development Block Grant
The City of San Antonio receives an annual entitlement of Community Development Block Grant funds awarded through the U.S. Department of Housing and Urban Development (HUD). These funds are designed to meet the needs of persons of low and moderate income and to preserve and redevelop low-income communities.
On August 6, 2015, City Council adopted the FY 2016 Action Plan and Budget which allocated CDBG funds for the following activities:
Funding Category
CDBG Activity Description
Budget
Debt Service
Required annual Section 108 loan repayment
$4,778,301
Neighborhood Revitalization
Strategic catalytic improvements, fa?ade improvements, code enforcement, EastPoint, and brownfield remediation
$3,457,578
Special Needs Population
Parks and Recreation community center extended hours and a summer youth program
$272,422
Afforda...
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