Alhambra City Council will hold Monday a public hearing regarding the use of Community Development Block Grant (CDBG) and Home Investment Partnership Program (HOME) funds, grants administered by the U.S. Department of Housing and Development (HUD).
HUD will allocate $777,301 in CDBG funds to Alhambra in the 2014-15 fiscal year, a $30,603 decrease from last year's grant. The city will also receive $367,228 in HOME funds, a $14,473 increase from last year.
Alhambra City Council aims to use 32 percent of the CDBG funds for capital improvements, according to the city's Action Plan. About half of the HOME funds is budgeted for housing rehabilitation.
The HUD administers CDBG and HOME funds to cities to ensure the availability of decent and affordable housing, according to the HUD website. The agency requires local governments to seek input from residents on how the money should be applied, which can include down payment assistance, housing rehabilitation, employment and youth services, childcare, street paving, or lighting.
The Action Plan was made available by city staff on April 2 for a 30-day public review. No comments have been received.
City Council meets every second and fourth Monday of the month at 5:30 and 7 p.m. at City Hall. Read the complete agenda below. You can also download the document or make it larger using the controls on the bottom.