page 1 2010 cdbg applicants’ workshop cdbg applicant workshop macon, ga december 4, 2009 news from...
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![Page 1: Page 1 2010 CDBG Applicants’ Workshop CDBG Applicant Workshop Macon, GA December 4, 2009 News From Washington Legislative Update](https://reader035.vdocument.in/reader035/viewer/2022062517/56649f355503460f94c529c4/html5/thumbnails/1.jpg)
Page 12010 CDBG Applicants’ Workshop
CDBG Applicant Workshop
Macon, GA
December 4, 2009
News From Washington
Legislative Update
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Page 22010 CDBG Applicants’ Workshop
Lots of new Programs and Acronyms!!
NSP HERATCAPARRA NSP IICDBG – RTARPHPRP
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Page 32010 CDBG Applicants’ Workshop
FY 2010 Continuing ResolutionFY 2009
Funding levels
Oct. 1 – Dec. 18, 2009
Another
Continuing Resolution????
Omnibus appropriations bill????
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Page 42010 CDBG Applicants’ Workshop
HUD Funding
FY 2010
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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
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Page 62010 CDBG Applicants’ Workshop
CDBG Fund
• Modernized CDBG Formula
• Sustainable Communities Initiative
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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
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Page 82010 CDBG Applicants’ Workshop
HOME Program – FY07 to FY10
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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
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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
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Page 112010 CDBG Applicants’ Workshop
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Page 122010 CDBG Applicants’ Workshop
New Proposed Legislation
• Main Street TARP
• Livable Communities Act
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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
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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
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Page 152010 CDBG Applicants’ Workshop
Questions?