HomeMy WebLinkAboutVC CDBG Cost Compairson_ (002)Metro City
City receives entire Entitlement Allocation
Can allocate full 15% public service cap
HUD allows up to 20% of total grant to be used for administrative expenses. County retains 70% of administrative funding cap; City can utilize up to 30% of the administrative funding
cap
City is not included in the County’s ESG programs (homelessness assistance program).
City is not included in the County’s HOME (affordable housing)
Current City staff cost
Estimated City staff cost joining the Metro City Plan
City enters into a multi-year Joint Recipient Cooperative Agreement with County and annual supplemental Agreements.
*Based off an estimated award
*City staff cost estimate does not include cost to administer HOME and ESG
Example
400000
60000
24000
0
0
$175,000-$250,000
80000
Cooperating City
City received adjusted allocation – usually 60%-70% of CDBG allocations
City's public service cap is adjusted (12% - 14%)
County retains 100% of all administrative funding cap
City is eligible for the County’s ESG programs (homelessness assistance program).
City is eligible for the County’s HOME (affordable housing)
Current City staff cost
Estimated City staff cost joining the Cooperating City Plan
City enters into multi-year Cooperation Agreement with County and annual Supplemental Agreements.
*Based off an estimated award
*City staff cost estimate includes to administer CDBG, HOME, and ESG
Example
280000
39200
30000
170000
$175,000-$250,000
50000