Community Development Block Grant James Höemann, Director Entitlement

Community Development Block Grant James Höemann, Director Entitlement Communities Division

CDBG-CV Update Grant Status – 8 Grantees have not received – 20 Grantees only have 1st tranche (CDBG-CV 1 Round) Total funds awarded and drawn Allocation Total 4,990,000,000.00 IDIS Authorized Amount Total Drawn Amount 4,947,882,541.00 1,336,757,581.22

CDBG-CV Update (Cont.) 3-year 80% expenditure deadline: first due date – 1/23/2023. The latest due date – is 10/26/2024. – 112 grantees have expended 80%. – 578 grantees spend 30% to 80%. – 541 grantees spent less than (including 101 with 0 draws). 27,763 activities have been funded with a total funded amount of 2,833,671,725.94.

CDBG-CV Update (Cont.) Distribution Based on Funded Amount Activity Type Acquisition Administrative And Planning Economic Development Housing Other Public Improvements Public Services Repayments Of Section 108 Loans Total Pct of Funded Amount 1.0% 11.6% 12.5% 2.3% 0.7% 7.4% Total Funded Amount 28,425,719.62 328,403,388.47 353,115,566.87 64,285,592.37 18,790,932.44 208,784,811.18 64.6% 1,829,443,714.99 0.1% 2,422,000.00 2,833,671,725.94

CDBG-CV Update (Cont.)

CDBG-CV Update (Cont.) CDBG-CV Policy National Virtual CARES Act Conference 2022 5,322 In Development Public Services Monitoring handbook Three pending TA Guides Rental Assistance Quick Guide – 508 compliance to post IDIS guide Housing Models guide

CDBG-CV Update (Cont.) Cohort Groups What is next for TA and Policy Guidance? – Evaluating Q&A Conferences Webinars Cohorts – Grantee Questions – HUD Evaluation of Issues – Stakeholder Input What would you like to see?

CDBG Update Historically high CDBG grant balances – pandemic Timeliness – Slowly turning enforcement back on – Technical assistance – engage your field office FY 2022 formula allocations – Expecting a short time frame – August 16th deadline FY 2015 funds – at-risk of recapture in September – As of 02/10 - 114,672,287.13 – Work with the field and some may get a call

CDBG Update (Cont.) 2024 – 50th Anniversary of CDBG – – – – – Focus on getting the program in shape Expecting analysis Working with stakeholders – stories of successful activities More will come forth What ideas do you have for the celebration?

Section 108 Increase the usage of available loan guarantees Goal – use the entire 300m annual amount Project ideas and technical assistance – Resources on the HUD Exchange and HUD.gov – TA portal and field offices Have a project idea? Contact your field office, let’s work on it

CDBG Program Update Questions?