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HomeMy WebLinkAbout20210713.tiffC pso MENT,,y m� o -* IIIIIIII �B�N DFNF'�Q ASS STANT SECRETARY FOR CON MUNITY PLANNING AND DEVELOPMENT Mr. Steve Moreno Chairman of the Board 1150 O Street Weld County Colorado Greeley, CO 80631 U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, DC 20410-7000 February 25, 2021 Dear Chair, Board of County Commissioners Moreno: I am pleased to inform you of your jurisdiction's Fiscal Year (FY) 2021 allocations for the Office of Community Planning and Development's (CPD) formula programs, which provide funding for housing, community and economic development activities, and assistance for low- and moderate -income persons and special needs populations across the country. Public Law 116-260 includes FY 2021 funding for these programs. Your jurisdiction's FY 2021 available amounts are as follows: Community Development Block Grant (CDBG) Recover Housing Program (RHP) HOME Investment Partnerships (HOME) Housing Opportunities for Persons With AIDS (HOPWA) Emergency Solutions Grant (ESG) $1,041,930 $ 0 $ 0 $ 0 $ 0 Individuals and families across the country are struggling in the face of four converging crises: the COVID-19 pandemic, the resulting economic crisis, climate change, and racial inequity. Through these bedrock programs, CPD seeks to develop strong communities by promoting integrated approaches that provide decent housing and suitable living environments while expanding economic opportunities for low- and moderate -income and special needs populations, including people living with HIV/AIDS. We urge grantees to strategically plan the disbursement of grant funds to provide relief for those affected by these converging crises and help move our country toward a robust recovery. Based on your jurisdiction's CDBG allocation for this year, you also have $5,209,650 in available Section 108 borrowing authority. Since Section 108 loans are federally guaranteed, this program can leverage your jurisdiction's existing CDBG funding to access low -interest, long-term financing to invest in Opportunity Zones or other target areas in your jurisdiction. Because the funds are not appropriated by Congress, Housing Trust Fund (HTF) formula allocations will be announced at a later date under separate cover. a0Mmo n icoat;on$ O3/1O www.hud.gov espanol.hud.gov CG: COENGC0S) , PZCp(,4.))• ACTCBC/C O) 03IV-i l a ( 2021-0713 F=oco 9 HUD continues to emphasize the importance of effective performance measurements in all its formula grant programs. Proper reporting in the Integrated Disbursement and Information System (IDIS) is critical to ensure grantees comply with program requirements and policies, provide demographic and income information about the persons that benefited from a community's activities, and participate in HUD -directed grantee monitoring. Your ongoing attention to ensuring complete and accurate reporting of performance measurement data continues to be an invaluable resource with regard to the impact of these formula grant programs. The Office of Community Planning and Development is looking forward to working with you to promote simple steps that will enhance the performance of these critical programs and successfully meet the challenges that our communities face. If you or any member of your staff have questions, please contact your local CPD Office Director. Sincerely, James Arthur Jemison II Principal Deputy Assistant Secretary for Community Planning and Development Hello