Number
251031
Version
SUBSTITUTE 2
Reference
Sponsor
ALD. STAMPER
Title
Substitute resolution relating to the establishment of the Year 2026 Funding Allocation Plan.
Analysis
This resolution approves the City’s Year 2026 Funding Allocation plan for CDBG, HOME, ESG and HOPWA entitlement funding.
Body
Whereas, The Community and Economic Development Committee recommends approval of the Funding Allocation Plan of activities and funding recommendation for funding year 2026 as attached; and
Whereas, The City of Milwaukee appears to be eligible for community development entitlement funding for year 2026 estimated at $21,250,000 (CDBG funds $14,200,000; HOME funds, $4,300,000; ESG funds, $1,350,000; and HOPWA funds $1,400,000); now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the 2026 Funding Allocation Plan is approved as attached; and, be it
Further Resolved, That the authorization for the funding listed in the resolution is subject to the availability of the Year 2026 community development funding and the release of funds for this purpose by HUD; and, be it
Further Resolved, That the Community Development Grants Administration is authorized to prepare and submit the Annual Action Plan for community development funding to the United States Department of Housing and Urban Development (HUD) in accordance with the City’s Strategic Plan; and, be it
Further Resolved, That the Mayor is designated as the authorized representative of the City of Milwaukee in connection with all matters relating to the City’s 2026 Community Development Program; and, be it
Further Resolved, That the City of Milwaukee assures and certifies that it will comply with the regulations, policies, guidelines and requirements with respect to the acceptance and use of Federal Community Development Entitlement funds; and, be it
Further Resolved, That the Community Development Grants Administration shall accept this grant without further approval unles...
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