City Files Final Annual Plan and Five-Year Consolidated Plan

May 24, 2010 -- The City of Knoxville's final Five-Year Consolidated Plan and 2010-2011 Annual Action Plan are now posted on the City's Website and have been submitted to the U.S. Department of Housing and Urban Development (HUD) for approval. Prepared by the Community Development Department, the five-year plan outlines Knoxville’s needs, priorities, and strategies for homeless assistance, affordable housing, and non-housing community development for the next five years. It also indicates which neighborhoods will be eligible for targeted programs. The Annual Action Plan describes the proposed use of Community Development Block Grant (CDBG), Home Investment Partnership Program (HOME), and Emergency Shelter Grant (ESG) funds for the 2010-2011 program year beginning July 1, 2010. Meanwhile, HUD has notified the City of the amount of funds it will receive for the 2010-2011 program year beginning July 1, 2010. These funds include $2,032,567 in CDBG, $1,391,991 in HOME and $82,579 in ESG. These figures were not available when the draft plans were prepared, and so estimates were used. The City also anticipates receiving approximately $130,000 in CDBG program income and $350,000 in HOME program income. The City also will be reallocating approximately $100,000 in unspent, prior-year CDBG funding and $500,000 in unspent, prior-year HOME funding. The Annual Action Plan proposes the following allocation of funds. More detailed budget estimates are included in the annual plan. CDBG: $432,000– general program administration; $1,300,000 – housing programs including $100,000 for permanent supportive housing; $350,000 – land acquisition and commercial façade improvements improvements; $70,000 – public services and technical assistance through subrecipients. HOME: $174,000 – program administration; $1,017,991 – owner-occupied rehab; $300,000 – home buyer down payment assistance; $250,000 – permanent supportive housing; $450,000 – projects implemented by local nonprofit Community Housing Development Organizations (CHDO’s); and $50,000 – CHDO operating. ESG: $1,144 - program administration; $22,800 – essential services; $56,135 – operations and maintenance; $2,500 – homeless prevention.