Posted: October 27, 2021
Rapid City
Agenda Item Summary

Agenda Item Ref. #: 102721-03 - Approve Final FY21 Mid-Year CDBG Funding Recommendations

Agenda Item Title:

102721-03 - Approve Final FY21 Mid-Year CDBG Funding Recommendations

Origination Group:
Planning Commission
Origination Meeting Date:
11/04/2021
Petitioner:
City of Rapid City
Staff Contact:
Michelle Schuelke, Community Enrichment Division Manager
Agenda Item Summary:
Attached are the Community Investment Committee’s final funding recommendations for FY21 Mid-Year CDBG funds. This funding was previously approved for affordable housing projects and held in contingency for such purposes. Staff requests Council approval of the Community Investment Committee’s final FY21 Mid-Year funding recommendations with direction to allow the Community Investment Committee to make minor amendments, which includes 1) 50% change, if project is funded at $25,000 or less; 2) 25% change, if project is funded more than $25,000 in accordance with the City of Rapid City Community Development Block Grant Program Resident Participation Plan. Major amendments, including changes beyond the thresholds described above or a substantial change in the purpose, scope, location, or beneficiaries will require a public comment period and final Council approval in accordance with the City of Rapid City Community Development Block Grant Program Resident Participation Plan

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center
Is Funding Budgeted?:
Budgeted
Funding Source & Fiscal Impact Notes:
Multi-Year CDBG Funds

Recommendations:

Origination Recommendation Action:
Approve
City Council Recommendation Action:
Approve
City Council Recommendation Notes:
City Council Continued to November 15, 2021 City Council Meeting: 11/1/2021

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