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HomeMy WebLinkAbout03-08-2007 Housing & Community Development CommissionAGENDA HOUSING AND COMMUNITY DEVELOPMENT COMMISSION IOWA CITY PUBLIC LIBRARY, ROOM A 123 S. LINN STREET, IOWA CITY THURSDAY, MARCH 8, 2007 6:30 P.M. 1. Call Meeting to Order 2. Public Comment of Items Not on the Agenda 3. Discussion Regarding FY08 Community Development Block Grant (CDBG) and HOME Investment Partnership Program (HOME) Requests • Review Project Rankings • Discuss Average Allocation Worksheet 4. Adjournment CITY OF IOWA CITY MEMORANDUM DATE: March 5, 2007 TO: Housing and Community Development Commission FROM: Community Development Staff RE: HCDC Meeting on March 8, 2007 Thank you for the many hours of time and energy that you have put into the allocation process up to this point. At the HCDC meeting on March 8th you will be discussing the applications, funding amounts and the rankings. This meeting is designed to help you finalize the ranking sheets and adjust your funding amounts. At the March 22"d meeting, HCDC will finalize their FY08 CDBG/HOME budget recommendation to submit to City Council. Some may notice that their ranking totals do not match what they submitted. If you answered no to a section on the ranking sheet, then no points could be allocated from that section. Staff made the adjustments to your score. As many commission members are new to the allocation process, we will save some time at the beginning of the meeting for any questions. This year all housing projects, except the application from The Housing Fellowship for CHDO operating expenses, are both CDBG and HOME eligible. Staff will discuss how this affects your recommendations, specifically as it relates to funds available for public service/public facility projects. Please keep in mind that the proposed amount allocated to public service projects is right at the statutory limit, which is set by law. The public service category will be competitive. One issue to consider while allocating funds is that some of the projects may receive such a reduced funding amount that the project may no longer be feasible. Staff recommends that no project be allocated less than $1,000. Included in this packet are your preliminary rankings and allocations. Please review your scores and allocations. If you notice any errors, please contact staff so we can make corrections before the meeting. After the March 8th meeting, please submit your revised scores and/or allocations to staff if you make any changes. The revised spreadsheets will be ready for your review for the March 22Id meeting. If you have any questions regarding this information, please feel free to contact Tracy Hightshoe or Steve Long at 356-5230. Please remember that both meetings (March 8 & 22) will begin at 6:3o PM in Meeting Room A at the Iowa City Public Library. 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