Five Year Consolidated Plan Years 6 through 10 FY 10 FY14 - PowerPoint PPT Presentation

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Five Year Consolidated Plan Years 6 through 10 FY 10 FY14

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Assisting homeless persons. Retaining affordable housing stock ... Dental Clinic. Homebuyer Assistance. Small Business Development. Administrative Costs (approx. 6.5 ... – PowerPoint PPT presentation

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Title: Five Year Consolidated Plan Years 6 through 10 FY 10 FY14


1
Five Year Consolidated PlanYears 6 through 10FY
10 - FY14
  • Community Development Block Grant Program
  • October 27, 2008 Public Hearing
  • City of Bowling Green

2
What is the Consolidated Plan?
  • A collaborative community process to establish
    the vision for community development actions.
  • A course of action for revitalization, building
    on local assets and coordinating response to the
    needs of the community.
  • A means to meet the submission requirements for
    Community Development Block Grant funding.

3
3 Statutory Program Goals
  • 1. Decent housing
  • Assisting homeless persons
  • Retaining affordable housing stock
  • Increasing availability of affordable permanent
    housing
  • Increasing supply of supportive housing
  • Providing affordable housing that is accessible
    to job opportunities

4
3 Statutory Program Goals
  • 2. A Suitable Living Environment
  • Improving the safety and livability of
    neighborhoods
  • Eliminating blighting influences and deteriorated
    structures
  • Increasing access to quality facilities and
    services
  • Reducing isolation of income groups
  • Restoring/preserving properties of special
    historic value
  • Conserving energy resources

5
3 Statutory Program Goals
  • 3. Expanded Economic Opportunities
  • Job creation and retention
  • Establishment and expansion of small businesses
  • Availability of mortgage financing for low-income
    persons at reasonable rates
  • Access to capital and credit for development
    activities that promote long-term economic and
    social viability of the community
  • Empowerment and self-sufficiency of low-income
    persons to reduce generational poverty

6
Community Development Block Grant (CDBG) Funding
  • Direct federal funding from Department of Housing
    and Urban Development (HUD)
  • Determined by formula based on population,
    poverty, age of housing, etc.
  • Citizen participation helps develop Consolidated
    Plan
  • Consolidated Plan establishes priority needs for
    spending funds
  • Annual Action Plan identifies specific projects

7
Community Development Block Grant Funding
  • Three National Objectives
  • 1. Benefit to Low- and Moderate- Income families
    (lt80 of MFI)
  • 2. Preventing or eliminating slums or blight
  • 3. Meeting URGENT community development needs
    with a serious or immediate threat to health or
    welfare of the community AND other financial
    resources are not available.

8
The Process
  • Housing Market Analysis
  • Public Hearings
  • Comment Periods
  • Plan Drafts
  • Agency Application Process
  • City Commission Approval
  • HUD Louisville Approval
  • Environmental Review and other regulatory
    compliance
  • Administration of each Annual Action Plan

9
CDBG Program Requirements
  • Program Year July 1 through June 30
  • At least 70 of funds must be for activities
    benefiting low-to-moderate income (LMI) persons
  • Citizen Participation
  • 5 Year Consolidated Plan
  • 1Year Action Plan
  • One-for-one Housing Replacement
  • 504 Accessibility
  • Analysis of Impediments to Fair Housing
  • Performance Reports
  • Environmental Requirements
  • Davis-Bacon labor standards
  • Section 3 Hiring
  • Lead-based paint requirements
  • Anti-Displacement Plan/Relocation

10
Eligible Activities
  • Acquisition for any public purpose
  • Disposition through sale, lease, donation
  • Public facilities/ improvements
  • Clearance activities
  • Public services (limited to 15 of funding)
  • Relocation
  • Residential or Commercial/Industrial
    Rehabilitation
  • Homeownership assistance
  • Economic development
  • Technical Assistance
  • Administrative costs

11
Specifically Prohibited Activities
  • Buildings for general conduct of government
  • General government expenses
  • Political activities, including forums, voter
    transport, or registration
  • New housing construction (except CBDO)
  • Subsistence payments
  • Purchase of equipment, such as construction
    equipment, fire protection equipment,
    furnishings, vehicles, and personal property
  • Operating and maintenance expenses
  • Certain Economic Dev such as gt50,000/job
    created, and assistance to professional sports
    teams

12
Outcome Measurement
  • Reports results and accomplishments.
  • Enables HUD to describe results at national level
    in consistent manner.
  • Each project will be designed based on these
    objectives to show how it benefits the community
    or people served.

13
Outcome Measurement
14
Previously Funded Activities
  • Acquisition of property
  • Renaissance Village senior housing
  • Independence Place senior housing
  • Child Care Center
  • Residential Rehabilitation
  • Homeowner Rehab
  • Rental Conversion

15
Previously Funded Activities
  • Construction
  • CBDO Residential The Housing Fund
  • Dental Clinic
  • Homebuyer Assistance
  • Small Business Development
  • Administrative Costs (approx. 6.5)
  • Fair Housing Education
  • Grant-Related Expenses

16
  • Anticipated funding level for FY09
  • around 500,000 to 525,000
  • New for the next 5 Year cycle
  • Agencies must apply for funding through a
    competitive application process propose solution
    to one of the identified priority needs

17
Data of Interest
  • 50.2 of Bowling Greens population meets the
    definition of Low to Moderate Income.
  • 75.8 of the NRSA/EC population is Low to
    Moderate Income
  • There are 2,287 assisted rental units in Bowling
    Green
  • 18 increase over 2003
  • Accounts for approximately 11 of all housing
    units
  • January 2008 Homeless Count 136 persons in
    Warren County
  • 22 were unsheltered individuals but shelter was
    available

18
Findings of Housing Analysis
  • 22 of renter-occupied households are
    cost-burdened
  • 8 of owner-occupied households are cost-burdened
  • Nearly 27 of all cost-burdened households are
    young (15-24 yrs)
  • Cost-burdened means the household pays more
    than 30 of their income toward
    rent/mortgage/utilities.

19
Findings of Housing Analysis
  • Citys share of cost-burdened households is
    slightly higher than Kentucky averages.
  • 57 of homes sold from 2004-2007 were affordable
    to households earning lt80 of area median income.

20
Findings of Housing Analysis
  • Expected Trends
  • Higher than normal renter occupancy will
    continue, but decrease slightly
  • Total household demand will increase by more than
    8,000 units by 2030
  • There is potential for further increase in
    cost-burdened households

21
Five Year Consolidated Plan
  • Public Comment Section

Submit Written Comments by November 10, 2008
to Alice Burks, HCD Director P O Box 430 Bowling
Green, KY 42102-0430 OR alice.burks_at_bgky.org W
atch for updates and draft plan at
www.bgky.org/hcd/index.php
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