2020 Funding Awards
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2020 Funding Awards
2020 CDBG Action Plan
The Fiscal Year 2020 Annual Action Plan ("Action Plan") represents the first year of the Boulder County/Broomfield County Regional Consortium ("Consortium") Consolidated Plan ("Con Plan") for the Fiscal years 2020-2024 as approved by HUD. The Action Plan is the Consortium's and the City's application for U.S. Department of Housing and Urban Development (HUD) entitlement grants and identifies the proposed programs and projects to be funded during Fiscal Year (FY 2020).
The City of Boulder serves as the lead agency of the Consortium and works with a steering group made up of representatives from the City of Boulder ("Boulder"), the City of Longmont ("Longmont"), Boulder County ("County") and City and County of Broomfield ("Broomfield"). The Annual Action Plan identifies how the Consortium proposes to use its HOME funds in the upcoming fiscal year to address its community development, housing and public services goals and priorities as described in the Con Plan. Each CDBG entitlement community (Boulder, Broomfield, and Longmont) also provides information on how it intends to use its individual CDBG program funding.
The Con Plan
The Con Plan sets goals, strategies, and funding priorities to be achieved over the FY 2020-2024 period. The Con Plan goals represent high-priority needs for the Consortium and serve as the basis for FY2020 programs and activities identified in the Action Plan. These goals are listed below in no particular order:
- Rental Housing: Maintain and produce additional affordable rental housing, particularly for households earning less than 50% of AMI.
- Homeownership Programs: Assist low-income households with rehabilitation and accessibility needs to assure decent, safe, and sanitary housing conditions.
- Homebuyer Program: Assist income-eligible households with down payment assistance, first-time homebuyer classes, and budget and financial counseling.
- Homeless Assistance Program: Work with community partners to provide shelter, housing, and services to homeless individuals and families.
- Community Investment Programs: Assist the organization with projects that improve existing conditions that threaten the health and welfare of the community.
2020 Proposed Final Action Plan – CDBG Funding
Total Funds Breakdown
Type of Funds |
CDBG (Regular) |
CDBG (covid) |
---|---|---|
Budgeted Funds |
$610,832 | $768,364 |
Reallocation Funds from prior years |
$362,157 | $0 |
Estimated Program Income |
$50,000 | $0 |
Total Funds Available |
$1,022,989 | $768,364 |
Project Breakdown Using CDBG Funds
Housing Project |
Funding Amount |
Funding Amount |
---|---|---|
BCHA – Housing Counseling |
$50,000 | $0 |
HSBC – Security/Utility Deposits |
$56,525 | $0 |
OUR Center – Individual Assistance |
$180,128 | $544,692 |
CRC Operations |
$0 | $70,000 |
LHA – Relocation Services |
$150,000 | $0 |
Inn Between – Property Acquisition |
$154,170 | $0 |
LHA – AMA Refinance & Rehab |
$300,000 | $0 |
Administration |
$132,166 | $153,672 |
Total Funds |
$1,023,989 | $768,364 |
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