page 1 2010 cdbg applicants’ workshop cdbg applicant workshop macon, ga december 4, 2009 news from...
TRANSCRIPT
Page 12010 CDBG Applicants’ Workshop
CDBG Applicant Workshop
Macon, GA
December 4, 2009
News From Washington
Legislative Update
Page 22010 CDBG Applicants’ Workshop
Lots of new Programs and Acronyms!!
NSP HERATCAPARRA NSP IICDBG – RTARPHPRP
Page 32010 CDBG Applicants’ Workshop
FY 2010 Continuing ResolutionFY 2009
Funding levels
Oct. 1 – Dec. 18, 2009
Another
Continuing Resolution????
Omnibus appropriations bill????
Page 42010 CDBG Applicants’ Workshop
HUD Funding
FY 2010
Page 52010 CDBG Applicants’ Workshop
HUD Program Funding – FY 2010
Community Development Block Grant Program
(billions)
FY 2009
President House bill
Senate bill
$3.9 $4.45 $4.6 $ 4.45
formula $4.16 $4.0
Page 62010 CDBG Applicants’ Workshop
CDBG Fund
• Modernized CDBG Formula
• Sustainable Communities Initiative
Page 72010 CDBG Applicants’ Workshop
HUD Program Funding – FY 2010
HOME Investment Partnerships Program
(billions)
FY 2009 President House bill
Senate bill
$1.825 $1.825 $2.0 $ 1.825
Page 82010 CDBG Applicants’ Workshop
HOME Program – FY07 to FY10
Page 92010 CDBG Applicants’ Workshop
HUD Program Funding – FY 2010
Section 202 Elderly Housing
(millions)
FY 2009 President House bill
Senate bill
$765 $765 $1 billion
$ 785
Page 102010 CDBG Applicants’ Workshop
HUD Program Funding – FY 2010
Section 811 Housing for the Disabled
(millions)
FY 2009 President House bill
Senate bill
$250 $250 $350 $ 265
Page 112010 CDBG Applicants’ Workshop
Page 122010 CDBG Applicants’ Workshop
New Proposed Legislation
• Main Street TARP
• Livable Communities Act
Page 132010 CDBG Applicants’ Workshop
Main Street TARP bill (3766)
Replaces TARP for Main Street bill (HR 3068)
• $1 billion for Affordable Housing Trust Fund
• $2 billion for emergency mortgage relief
• No provisions for NSP III
• No provisions for multi-family loan program
Funding source is from the original TARP authorization
Page 142010 CDBG Applicants’ Workshop
Livable Communities Act
Sen. Dodd introduced in August (S1619)
Integrated housing, transportation , community development projects
• Authorize $100 million for comprehensive planning grants
• Authorize $3.75 billion (3 years) for Challenge Grants• Create the Office of Sustainable Communities at
HUD• Establish an Interagency Council on Sustainable
Communities
Page 152010 CDBG Applicants’ Workshop
Questions?