Number
230873
Version
ORIGINAL
Reference
Sponsor
ALD. STAMPER
Title
Resolution relating to the establishment of the Year 2024 Funding Allocation Plan.
Analysis
Body
Whereas, The Community and Economic Development Committee recommends approval of the Funding Allocation Plan of activities and funding recommendation for funding year 2024 as attached; and
Whereas, The City of Milwaukee appears to be eligible for community development entitlement funding for year 2024 estimated at $24,100,000 (CDBG funds $15,800,000; HOME funds, $5,500,000; ESG funds, $1,400,000; and HOPWA funds $1,400,000); now therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the 2024 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 2024 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.
Requestor
Drafter
2024FundingPlan
Steven Mahan/Mario Higgins
10/04/23