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This was approved 5-0 at City Council on February 15, 2022.
The Community Development Block Grant Program is a federal entitlement program administered by the U.S. Department of Housing and Urban Development (HUD) and managed by Hennepin County to oversee the distribution of funds to cities. The funds are to be used for improvements of housing and providing a suitable living environment for persons with low and moderate incomes.
Edina’s estimated 2022 CDBG budget allotment is $176,472. Of this 15% ($26,647) is set aside for Public Services which is administered by Hennepin County, and $150,001 is available for the Community Development portion of the CDBG allocation which is approved by the City Council.
Staff proposes the following expenditure of the 2022 Community Development funds:
1. Homes Within Reach, $90,000 - Home acquisition, rehabilitation and house sale to income eligible homebuyer. Land is placed in Land Trust.
2. The Rehabilitation of Private Property, $60,000--this program is facilitated by Hennepin County.
This was approved 5-0 at City Council on February 15, 2022.
The Community Development Block Grant Program is a federal entitlement program administered by the U.S. Department of Housing and Urban Development (HUD) and managed by Hennepin County to oversee the distribution of funds to cities. The funds are to be used for improvements of housing and providing a suitable living environment for persons with low and moderate incomes.
Edina’s estimated 2022 CDBG budget allotment is $176,472. Of this 15% ($26,647) is set aside for Public Services which is administered by Hennepin County, and $150,001 is available for the Community Development portion of the CDBG allocation which is approved by the City Council.
Staff proposes the following expenditure of the 2022 Community Development funds:
1. Homes Within Reach, $90,000 - Home acquisition, rehabilitation and house sale to income eligible homebuyer. Land is placed in Land Trust.
2. The Rehabilitation of Private Property, $60,000--this program is facilitated by Hennepin County.
