HomeMy WebLinkAbout17070 1 RESOLUTION NO. 17,070
2
3 A RESOLUTION TO APPROVE THE SOURCES AND USES OF
4 PROJECTED 2026 COMMUNITY DEVELOPMENT BLOCK GRANT
5 (CDBG), HOME INVESTMENT PARTNERSHIPS (HOME), AND
6 HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS (HOPWA)
7 FUNDS; APPROVING THE RECOMMENDATIONS OF THE
8 CONSOLIDATED PLANNING COMMITTEE; AND FOR OTHER
9 PURPOSES.
10
11 WHEREAS,the City is required to prepare and submit an Annual Action Plan to the United States
12 Department of Housing and Urban Development("HUD")as part of its Consolidated Plan process; and,
13 WHEREAS,prior to completion and submission of the Annual Action Plan,the City must approve
14 the projected sources and uses of Community Development Block Grant (CDBG), HOME Investment
15 Partnerships(HOME),and Housing Opportunities for Persons with AIDS(HOPWA)funds; and,
16 WHEREAS, the City is expected to receive 2026 HUD entitlement funds in the amount of Three
17 Million Three Hundred Ninety-One Thousand One Hundred Ninety-Eight and 60/100 Dollars
18 ($3,391,198.60); and,
19 WHEREAS, program income from 2024 in the amount of Four Hundred Thirty-Six Thousand
20 Eight Hundred Twenty-Three and 43/100 Dollars ($436,823.43) will be added to the entitlement funds,
21 resulting in a total projected amount of Three Million Eight Hundred Twenty-Eight Thousand Twenty-Two
22 and 03/100 Dollars($3,828,022.03); and,
23 WHEREAS,the Consolidated Planning Committee has reviewed and recommended the proposed
24 sources and uses of the City's 2026 HUD entitlement funds and projected program income;and
25 WHEREAS,two(2)public hearings have been conducted during the planning process in order to
26 allow maximum citizen participation and input; and,
27 WHEREAS, a public hearing concerning the proposed 2026 Annual Action Plan and related
28 projects is set for June 2, 2026; and,
29 WHEREAS,the Consolidated Planning Committee has selected the attached projects for funding
30 during the 2026 Program Year.; and,
31 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
32 CITY OF LITTLE ROCK,ARKANSAS:
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1 Section 1.The Board of Directors hereby approves the projected sources and uses of 2026 CDBG,
2 HOME, and HOPWA entitlement funds and projected program income in the total amount of
3 $3,828,022.03.
4 Section 2. The Board of Directors hereby accepts and approves the recommendations of the
5 Consolidated Planning Committee regarding the projects selected for funding during the 2026 Program
6 Year,as attached hereto and incorporated herein by reference.
7 Section 3. The Mayor and City Clerk, or their duly authorized representatives, are hereby
8 authorized to execute all documents and take all actions necessary to complete and submit the City's 2026
9 Annual Action Plan to HUD.
10 Section 4.Severability.In the event any title,section,paragraph, item, sentence,clause,phrase,or
11 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
12 adjudication shall not affect the remaining portions of the resolution, which shall remain in full force and
13 effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the
14 resolution.
15 Section 5. Repealer. All laws, ordinances, resolutions, or parts thereof that conflict with this
16 resolution are hereby repealed to the extent of the conflict.
17 ADOPTED: June 2,2026
18 ATTEST: APPROVED:
19
2
21
22 Allison Segars,City Frank Scott,Jr.,Mayor
23 APPROVED AS TO LEGAL FORM:
24
25
26 ' - 114.
l .
27 Thomas M.Carpenter,City Attorne
28 //
29 //
30 //
31 //
32 //
33 //
34 //
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2026 CONSOLIDATED PLANNING
SOURCES AND USES OF FUNDING
(HUD FINAL ALLOCATION)
COMMUNITY DEVELOPMENT BLOCK GRANT:
SOURCES: ACTUAL
2026 CDBG ALLOCATION $ 1,519,208.00
TOTAL $ 1,519,208.00
USES:
* OWNER-OCCUPIED REHABILITATION $ 830,036.40
* WORLD CHANGER $ 100,000.00
CARELINK-MEALS ON WHEELS $ 70,000.00
CHI-ST.VINCENT EAST CLINIC $ 150,000.00
MAINSTREAM $ 15,330.00
OUR HOUSE INC $ 50,000.00
ADMINISTRATION(20%) $ 303,841.60
TOTAL $ 1,519,208.00
HOME INVESTMENT PARTNERSHIPS PROGRAM:
SOURCES:
2026 HOME ALLOCATION $ 745,273.60
2025 PROGRAM INCOME $ 436,823.43
TOTAL $ 1,182,097.03
USES:
* NEW CONSTRUCTION(2025 PROGRAM INCOME) $ 393,141.09
* NEW CONSTRUCTION $ 258,955.20
ACQUISITION/REHAB $ 200,000.00
HOMEBUYER ASSISTANCE $ 100,000.00
CHDO SET-ASIDE: $ 111,791.04
ADMINISTRATION(10%OF 2025 PROGRAM INCOME) $ 43,682.34
ADMINISTRATION $ 74,527.36
TOTAL $ 1,182,097.03
HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS:
SOURCES:
2026 HOPWA ALLOCATION $ 1,126,717.00
TOTAL $ 1,126,717.00
USES:
HOUSING ASSISTANCE AND RELATED SUPPORTIVE SERVICES $ 892,915.49
FACILITY-BASED HOUSING/CAPITAL DEVELOPMENT $ 200,000.00
GRANTEE ADMINISTRATION $ 33,801.51
TOTAL $ 1,126,717.00
* PORTION OF THESE FUNDS WILL BE UI1LIZED IN THE CITY OF LITTLE ROCK OPPORTUNITY ZONES.
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