Council Reviews Presentation on Community Development Budget and Annual Action Plan for Allocation of Federal Funds to Aid in Poor Areas

Brazos Business

The council reviewed the proposed Fiscal Year 2019 Community Development budget and Program Year 2018 Annual Action Plan. The city is required each year to submit to the U. S. Department of Housing and Urban Development an action plan describing projects and activities funded with community development grants.

The grants for PY18 include $1.1 million in Community Development Block Grant funds and $502,414 in HOME Investment Partnership Program funds.  The budget includes previously programmed but unspent grant funds of $627,616 (CDBG) and $281,579 (HOME).

Here’s the PowerPoint presentation:

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