Agenda - 05-03-2011 - 5f - Laserfiche WebLink

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contact the U.S. Department of Housing and Urban Development to determine the procedures for requesting an extension to the May 13, 2011 submittal deadline. 5. A Council Member stated that the Federal deadlines may be non-negotiable and that funds can be reallocated later if desired. 6. A Council Member requested copies of the Inter-Faith Council's invoices paid with Community Development Funds be sent to the Council. He said that the past allocations of funding to the Inter-Faith Council have been staggering amounts. SUMMARY The U. S. Department of Housing and Urban Development tHDD~ has awarded the __ Town $633,405 of entitlement grant funding, We also propps~ ~o budget $7,338 of program income received during the 2009-2010 program dear ~~~- the repayment of a loan. Therefore, we present a recommended budget of $~40,74~, At the March 22, 2010 public forum, we presentee o~ the Council a prel~.inary proposal for the 2010-201. Community Develo~~nent program based of~ the Town's 2009-2010 funding allocation. Due to an 8°/o i~ricrease inthe''-'amount of funds the Town will receive and comments from the Council., ire recommend several changes to the preliminary proposal. • Increasing the allocation to the dousing Department for the renovation of the Colony Woods West public l~~usng community; • Changing a partWtime Planner pasitio~ toy a full-time Planner position; and • Funding for EmPCWERment to s~ppart its Career Exp'borers Program. SUMMARY The U.S. Department pf .H-ousEnc~. and Urban Development has not yet informed the Town of Chapel Hill of;he amount of the T~v~n's 2011-2012 grant. We have been following the deliberations over tl~e federal budget and have developed a preliminary budget based on $57O,t~G5 wh%ch ~s ~a~ 10% .:decrease of the Town's 2010-2011 grant. The preliminary budget also includes $~~,4~t~ of program income that we have received fra~i the-repaymer~t~~~f affordable housing loans, and $26,064 of residual funds frog previous years, fob a total amount of $614,539. At the March 28, 2011, public forum, Town staff presented to the Town Council a preliminary proposal for file 2011-2012 Community Development program. Recomme~i~~d Plan We recommend the ,l"o[]awing use of Community Development funds for 2011-2012. The recommended plan is based on comments received at the February 14t" and March 28~" public forums and applications submitted by agencies requesting funds. 1. Town of Chapel Hill Renovation of Public Housing $115,000 2, Inter-Faith Council Pre-development Costs $51,000 3. Community Hame Trust Homebuyer Assistance Program $ 225,000 4. Neighborhood Revitalization $28,844 5. Public Service Activities $77,000 a. Chapel Hill Police Department -Youth Employment Program $30,000 b. Chapel Hill Parks and Recreation -Youth Programs $2,000 c. Housing for New Hope -Street Outreach Workers $15,000 FY 2011-2012 Action Plan 8