AGENDA REPORT
REQUEST FOR CITY COUNCIL ACTION
DATE: 9/5/2018
TO: Honorable Mayor and City Council Members
FROM: Community Development Department
SUBJECT:
Title
Public Hearing for City Council consideration to receive comments and file the 2017-2018 Consolidated Annual Performance and Evaluation Report, and authorize the Community Development Director to submit the report to the United States Department of Housing and Urban Development
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RECOMMENDED ACTION:
Recommended action
That the City Council:
1. Receive and file the 2017 - 2018 Consolidated Annual Performance and Evaluation Report.
2. Authorize the Community Development Director to submit the report to the United States Department of Housing and Urban Development.
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ANALYSIS:
Federal regulations require the City of Corona to prepare a Consolidated Annual Performance and Evaluation Report (CAPER) in connection with the City of Corona's Community Development Block Grant (CDBG) and HOME Investment Partnerships (HOME) program grants received from the U.S. Department of Housing and Urban Development (HUD).
This informational report includes an assessment of activities implemented by the City and its community partners with CDBG and HOME funds from July 1, 2017 to June 30, 2018 to address the needs of low- and moderate-income residents. Submission of this report marks the completion of the third year in the current five-year planning cycle that covers July 1, 2015 through June 30, 2020.
For the 2017-2018 program year, the City received $1,096,921 of CDBG funds and $301,389 of HOME funds from HUD, which were combined in the Action Plan with $86,487 of prior year unspent CDBG funds and $612,013 of prior year unspent HOME funds for a total investment of $2,096,810. This investment of CDBG and HOME funds was a catalyst for positive change in the community. The following highlights the activities implemented by the City and its community partners during the recent completed fiscal year.
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