Number
241065
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. STAMPER
Title
Substitute resolution authorizing the submittal, acceptance and funding of the City of Milwaukee’s 2025 consolidated community development entitlement funding for Community Development Block Grant, HOME Investment Partnership and Emergency Solutions Grant Program from the U. S. Department of Housing and Urban Development through the Community Development Grants Administration (CDGA).
Analysis
This resolution authorizes the Community Development Grants Administration to submit its Annual Action Plan to the U. S. Department of Housing and Urban Development (HUD) for the City of Milwaukee’s 2025 Community Development entitlement estimated at $20,700,000 for Community Development Block Grant (CDBG), HOME Investment Partnership and Emergency Solutions Grant (ESG) from the U. S. Department of Housing and Urban Development through the Community Development Grants Administration (CDGA). In addition, this resolution designates the Mayor as the authorized representative for the consolidated community development entitlement, approves the certifications required by the Department of Housing and Urban Development and authorizes the Community Development Grants Administration to execute and implement the projects to be designated in the Annual Action Plan.
Body
Whereas, The City of Milwaukee appears to be eligible for Community Development entitlement funding for 2025 estimated at $20,700,000 which includes CDBG funding at $15,000,000, HOME funding at $4,300,000 and ESG funding at $1,400,000; and
Whereas, CCFN 240293 adopted on August 8, 2024 authorized the 2025 Funding Allocation Plan; and
Whereas, CCFN 75-1610-2f authorized the continued allocation of program income from the Milwaukee Economic Development Corporation for economic development activity utilizing a revolving fund; and
Whereas, It has been determined, that operation of this grant program for one year would generate an estima...
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