SUBJECT/RECOMMENDATION:
Title
Approve the staff recommended funding allocations for use of CDBG funding for Program Year 2024/25.
Body
SUMMARY:
Applications for funding have been reviewed and ranked. Scoring included administrative scoring by city staff and strength-of-application scoring by the technical review committee. City staff has made recommended funding allocations based on overall scoring and available funding. Following approval, staff will begin preparing a draft Annual Action Plan for Program Year 2024/25 which will begin on October 1, 2024.
APPROPRIATION CODE AND AMOUNT:
USE OF RESERVE FUNDS:
STRATEGIC PRIORITY:
2.4 - Supports equitable housing programs that promote household stability and reduce the incidence of homelessness within Clearwater.
2.1 - Strengthen public-private initiatives that attract, develop, and retain diversified business sectors.