DEPARTMENT: Neighborhood and Housing Services
DEPARTMENT HEAD: Ver?nica R. Soto, Director
COUNCIL DISTRICTS IMPACTED: City-Wide
SUBJECT:
Program Policies for HUD-Funded Affordable Housing Activities
SUMMARY:
Approval of the updated Program Policies for HUD-Funded Affordable Housing Activities
BACKGROUND INFORMATION:
The City of San Antonio (the City) receives federal funding from the U.S. Department of Housing and Urban Development (HUD) to include the Community Development Block Grant, HOME Investment Partnerships Program and Neighborhood Stabilization Program (one time award) Funding. This funding is intended to assist low to moderate income households through community development and affordable housing activities. As such, the City has developed Program Policies for HUD-Funded Affordable Housing Activities (Program Policies) to allocate and oversee the funding listed below:
Community Development Block Grant (CDBG)
The Community Development Block Grant has been in existence since 1974. The primary objective of the CDBG program is to improve communities by providing decent housing, providing a suitable living environment, and expanding economic opportunities. The primary beneficiary of CDBG funds must benefit low to moderate-income persons, aid in the prevention or elimination of slums or blight, or meet an urgent need. In FY 2018, the City was awarded $11.6 million in CDBG funding, which was allocated to eligible activities through the Annual Action Plan/Budget process approved by City Council on August 3, 2017.
HOME Investment Partnerships Program (HOME)
The HOME Investment Partnership Program has been in existence since 1990. The goals of the HOME program are to provide decent affordable housing to lower-income households, expand the capacity of nonprofit housing providers, strengthen the ability of state and local governments to provide housing, and leverage private sector participation. HOME funds may be utilized for rental activ...
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