Every year the City of Yakima is required by the Federal Housing and Urban Development Department (HUD) to provide an Annual Action Plan that outlines the City of Yakima's budget plans for using Community Development Block Grant (CDBG) entitlement funds and HOME Investment dollars to meet the needs of its low to moderate income citizens with "eligible activities".
The CDBG program has three primary objectives: to benefit low and moderate income persons, to assist with problems relating to slum and blight, and to assist with urgent health and welfare needs. The program can thus provide assistance in a broad range of activities and services, but at least 70% of all funds must be spent on assisting people with issues related to low income.
The HOME Program can only assist low/moderate income persons with issues relating to housing; which can range from new construction of single-family to rental housing and down payment assistance for first time homebuyers. Investment of the federal funds received through the CDBG and HOME programs is guided by the annual action plan. Following considerable citizen input from many sources, under the guidance of Yakima City Council members, and as recommended by the HUD regulations, the plan is a proposed budget for FY 2019 programs.
The 2019 Annual Action Plan has been advertised and was available for written public comment from January 22, 2019 through February 21, 2019. No comments were received during the public comment period. |