Presentation is loading. Please wait.

Presentation is loading. Please wait.

City of Galveston Grants and Housing Department. Objective The development of viable urban communities by providing decent housing and a suitable living.

Similar presentations


Presentation on theme: "City of Galveston Grants and Housing Department. Objective The development of viable urban communities by providing decent housing and a suitable living."— Presentation transcript:

1 City of Galveston Grants and Housing Department

2 Objective The development of viable urban communities by providing decent housing and a suitable living environment and expanding economic opportunities Principally for low and moderate income persons Flexible to meet community needs = Infrastructure  Code Compliance  Housing  Youth Programs HOME Investment Partnership (HOME) Purpose Expand the supply of decent, safe, sanitary affordable housing for very low and moderate income persons Specific to Housing & Housing Related Activities Community Development Block Grant (CDBG) 2

3 20152014DifferenceReduction CDBG$1,163,000$1,195,321($32,321)-2.70% HOME$223,373$249,009($25,636)-10.30% Total$1,386,373$1,444,330($57,957)-4.01% 3 Project Category Limit Percentage 2015 Limit Amount 2014 Limit Amount CDBG Public Service15% Cap$174,450$179,298 CDBG Administrative/Planning20% Cap$232,600$239,064 HOME Administration10% Cap$22,337$24,900 HOME CHDO Set-Aside15% Minimum$33,506$37,352

4 NATIONAL OBJECTIVES OBJECTIVES LOW/MOD SLUM/BLIGHT URGENT NEED Area Benefit (51% of HH) Limited Clientele/ Presumed Benefit (51%) Low-Mod Housing Area Basis Spot Basis Must Be Approved By HUD 4

5 5

6 6

7 7

8 8

9 9

10 Acquisition Disposition Public Facilities & Improvements Public Services Code Enforcement Clearance Activities Historic Preservation Lead-based Paint Removal of Architectural Barriers Construction of Housing Housing Rehabilitation Planning & Capacity Building Activities Program Administration Fair Housing Activities 10

11 Governmental Facilities General Government Expenses Political Activities Maintenance and Operating Expenses Religious Activities Equipment Purchase Furnishings and Personal Property (unless Public Service) 11

12 Acquisition Rehabilitation Relocation Demolition CHDO Affordable Housing Site Improvements Homebuyer Assistance New Housing Construction CHDO Operational Expenses Conversion of Existing Structures Tenant Based Rental Assistance A & E Expenses 12

13 Project reserve account or operating subsidies Tenant-based rental assistance for existing Section 8 program Non-federal matching contributions for other Federal program Annual contributions for operation of public housing Public housing modernization Prepayment of low income housing mortgages Assistance to a project previously assisted with HOME funds during affordability period Acquisition of property presently owned by the City City may not charge monitoring, servicing and origination fees in HOME-assisted projects 13


Download ppt "City of Galveston Grants and Housing Department. Objective The development of viable urban communities by providing decent housing and a suitable living."

Similar presentations


Ads by Google