Agenda - City of Dallas

BACKGROUND (Continued)
The City will include all low and moderate-income households and families renting units
at rent levels up to and including the 30% of 80% maximum rent levels toward
compliance with the Community Development Block Grant (CDBG) primary objective
that not less than 70% of the aggregate of CDBG fund expenditures shall be for
activities benefitting low and moderate-income persons.
The Consolidated Plan must also identify its proposed accomplishments and goals to
fund multi-family projects in terms of the number of units that will meet HOME rent
limits. The HOME rent limits at 30% of 65% of AMFI can benefit individuals and families
with incomes up to 80% of AMFI and the HOME rent limits at 30% of 50% of AMFI can
benefit individuals and families with incomes up to 50% of AMFI. The HOME rent levels
are attached as Exhibit B to this resolution.
The City of Dallas must follow its Citizen Participation Plan allowing a 30 day comment
period on this proposed amendment. Following preliminary adoption by City Council,
public notice will be published on or before February 23, 2012, to allow for citizen
comments on the substantial amendment. On March 28, 2012, a public hearing will be
held to receive public comment and provide final adoption by the City Council.
Sources:
Emergency Solutions Grant $ 433,200
Emergency Shelter Grant $ 10,000
Community Development Block Grant
Residential Development/Acquisition Loan Program $1,000,000
Total $1,443,200
Uses:
Emergency Solutions Grant
MLK - Homeless Prevention - Financial Assistance $ 45,500
WDMC - Homeless Prevention - Financial Assistance $ 45,500
Rapid Re-Housing - Financial Assistance $ 30,000
Rapid Re-Housing - Housing Relocation & Stabilization $ 245,456
Homeless Management Information System (HMIS) $ 25,000
Administration $ 51,744
Community Development Block Grant
Mortgage Assistance Program (MAP) $1,000,000
Total $1,443,200
Agenda Date 02/22/2012 - page 3