SUBJECT/RECOMMENDATION:
Title
Approve the City of Clearwater’s Fiscal Year 2014-2015 Consolidated Annual Performance and Evaluation Report (CAPER).
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SUMMARY:
The Consolidated Annual Performance and Evaluation Report (CAPER) is the principal administrative report, documenting the City’s expenditures for Community Development Block Grant (CDBG) and HOME Investment Partnership (HOME) programs to the U.S. Department of Housing and Urban Development (HUD). For Fiscal Year (FY) 2014-2015, the City’s entitlement allocation was $726,298 in CDBG and $299,956 in HOME Program funds for a total budget of $1,026,254 from federal funds.
The CAPER document serves as the basis for program monitoring for compliance and for financial audits for all activities conducted during FY 2014-2015 as outlined in the Consolidated Plan. The report provides HUD with necessary information for the Department to meet its requirement to assess each grantee’s ability to carry out relevant Community Planning and Development programs in compliance with all applicable rules and regulations. It also provides information necessary for HUD’s Annual Report to Congress and it provides grantees an opportunity to describe to citizens their successes in revitalizing deteriorated neighborhoods and in meeting objectives stipulated in their Consolidated Planning document.
In addition to reporting on our activities with federal money, we also included a summary of activities conducted with the Florida State Housing Initiatives Partnership (SHIP) Program, Pinellas County Housing Trust Fund Program and Neighborhood Stabilization Program 3 in the narrative section; however, these numbers are not included in the totals below.
Through the CDBG and HOME program activities, we expended a total of $1,590,685 in FY 2014-2015, which included funding from the prior year reprogrammed fund budget of $1,603,595. Those funds not expended from this year’s budget will be programmed in future budgets.
The City of Clearwater’s FY 2014-2015 CAPER contains information on the City’s assessment of the following activities:
- Assessment of Three to Five Year Goals and Objectives
- Affordable Housing
- Continuum of Care
- Leveraging Resources
- Affirmatively Furthering Fair Housing
- Citizens Comments
- Self-Evaluation
Over 5,438 persons were assisted through Public Services, Public Facilities, Housing Rehabilitation and New Construction, Fair Housing, and Economic Development projects and programs.
A brief summary of FY 2014-2015 accomplishments are:
- Closed on thirteen owner-occupied rehabilitation loans totaling $285,514.
- Closed on fifteen down payment assistance loans totaling $357,140.
- Provided a $200,000 loan to Habitat for Humanity of Pinellas County to build four new single family homes on Milton Street.
- Provided a $137,190 loan to Bright Community Trust to acquire and renovate a single family home located at 203 South Neptune.
- Provided a $157,571 loan to Bright Community Trust to acquire and renovate a single family home located at 2034 Keene Road.
- Habitat for Humanity of Pinellas County, Inc. built five new homes in the Stevens Creek Subdivision using NSP3 funds (revolving).
- SP Country Club Homes, Inc - All of the units have been sold.
- Provided a $350,000 loan to SP Garden Trail Apartments 2013, LLC for partial development cost for a new 75-unit apartment complex for families.
- Provided a $95,000 loan to Kimberly Home to renovate a rental home.
The City’s Neighborhood and Affordable Housing Advisory Board is scheduled to approve the FY 2014-2015 CAPER at their meeting on December 8, 2015. The CAPER is due to HUD no later than December 30, 2015.
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