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Page 2 of 7 <br />4. Adopt the attached Resolution approving the allocation of HHSG and CG funds for FY <br />2024/25 (as listed in Tables A and B) and authorize the City Manager and/or designee to enter <br />into individual contracts with each agency receiving HHSG and CG funds and take all other <br />actions necessary to carry out the HHSG and CG programs for FY 2024/25. <br /> <br />BACKGROUND <br />The Housing and Human Services Grant Program combines funding from two federal sources <br />- CDBG and HOME, and two local sources - the LIHF and the General Fund. The City’s FY <br />2024/25 HHSG program will provide funding for the period July 1, 2024 through June 30, 2025. <br />HHSG applications for funding were solicited from December 1, 2023 through January 19, <br />2024, for which 27 applications were received with a total funding request of $1,261,561. The <br />funding request increases to $1,285,365 to account for the $23,804 Section 108 annual loan <br />payment, which helped fund the Axis Community Health clinic rehabilitation project in 2015. <br /> <br />DISCUSSION <br />Table 1 summarizes the composite level of funding available for the FY 2024/25 HHSG <br />program. <br /> <br />Table 1: Summary of Fiscal Year 2024/25 HHSG Available Funding <br />Source Available <br />Funding <br />Notes <br />CDBG: <br /> Public <br />Services <br /> <br /> <br />Administration <br /> <br /> <br />Capital <br />Project <br /> <br /> <br />$76,636 <br /> <br /> <br />$76,069 <br /> <br /> <br />$273,804 <br /> <br />Projected CDBG Entitlement amount for FY 2024/25: $380,348 <br />Program Income (PI) received: $130,564 <br />Total CDBG funds for FY 2024/25: $510,912 <br /> <br />Public Services (Not to exceed 15% of CDBG Entitlement + PI): $ 76,636 <br />Administration (Not to exceed 20% of CDBG Entitlement only): $ 76,069 <br />Funds for Capital Projects (65% of Total CDBG funds): $332,093 <br /> <br />CDBG Funds allocated for Capital Projects $250,000 <br />CDBG Funds allocated for Section 108 Loan Repayment: $ 23,804 <br />Unallocated CDBG Funds for Capital Projects: $ 58,289 <br />City General <br />Fund Human <br />Services <br />$257,864 Based on a 2009 City Council-adopted policy, this allocation <br />increases/decreases at the same rate of General Fund growth year-over- <br />year. $257,864 represents a 2.08% increase over last FY. $35,000 of the <br />$257,864 is already allocated to the youth behavioral health services <br />provided by Axis Community Health. <br />HOME: <br /> Activities <br /> Administration <br /> <br />$135,000 <br />$ 7,655 <br />$135,000 will be allocated to HOME-eligible activities while $7,655 will be <br />allocated for administration. <br />LIHF $366,374 $366,374 is the amount of LIHF recommended to be allocated to agencies <br />for housing-related projects/programs. <br />Total $1,193,402 <br /> <br />Federal CDBG and HOME funding allocations <br />The federal CDBG ($380,348) and HOME ($133,789) funding amounts reflected above are <br />projections, as the U.S. Department of Housing & Urban Development (HUD) has yet to <br />provide the City with its CDBG and HOME funding allocations for FY 2024/25 due to delays at <br />Page 349 of 448 <br />Docusign Envelope ID: 33CB29C8-7F00-4973-826F-FE9B0CEAAEFB