Title
Public Hearing and Adoption of the FY2024 Community Development Block Grant (CDBG) and HOME Investment Partnerships Program (HOME) Annual Action Plan
Purpose
PURPOSE/BACKGROUND:
The City of Hampton (the "City") is submitting its FY2024 Annual Action Plan (the "Plan") for Housing and Community Development which covers Program Year 2023.
Discussion:
The U.S. Department of Housing and Urban Development ("HUD") annually awards CDBG and HOME funds to the City to develop viable urban communities by providing improved housing, suitable living environments and economic opportunities for those in the low-to-moderate income bracket. The City uses these funds to complement other resources for implementing the Hampton Neighborhood Initiative and the Hampton Housing venture efforts. The Plan includes utilization of funds received from HUD that will impact homes, new home buyers and workforce development efforts. A public hearing will be held on April 26, 2023. The public hearing is required by HUD to receive public comments on the Plan and to seek Council's approval to submit the Plan. The Plan was made available for public examination online at www.hampton.gov.neighborhoods.
Impact:
Public comment is sought on the Plan regarding utilization of HUD funds to support housing improvements, neighborhood revitalization efforts, and the implementation of the Hampton Neighborhood Initiative. The activities included in the Plan support the strategic priorities of Economic Growth, Family Resiliency & Economic Empowerment, and Safe & Clean.
Recommendation:
Rec
Public Hearing and Adoption of Plan by Motion April 26, 2023.
Body