Public comment on applications received will be accepted at the June 4, 2014 meeting. The Community Development Commission will approve funding recommendations for eligible applications at their June 18, 2014 meeting. The City Council will hold public hearings and approve a 2015 budget by the end of September 2014. Although HUD is expected to make funds available in April – June, 2015, funding availability is contingent on the Federal budget process for 2015 CDBG and HOME funding.
The Community Development Block Grant program provides funding to address local housing and community development needs. The City of Columbia has used CDBG funding primarily to rehabilitate and upgrade substandard housing, improve public facilities and infrastructure in low-income neighborhoods, and improve community facilities owned by non-profit organizations serving low-income households and individuals. Funds must be used to benefit low- and moderate-income households. The HOME program provides funding for affordable housing including: the rehabilitation or new construction of owner and rental housing, homeownership assistance, or tenant-based rental assistance.