Page 1 2010 CDBG Applicants’ Workshop CDBG Applicant Workshop Macon, GA December 4, 2009 News From Washington Legislative Update.

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Presentation transcript:

Page CDBG Applicants’ Workshop CDBG Applicant Workshop Macon, GA December 4, 2009 News From Washington Legislative Update

Page CDBG Applicants’ Workshop Lots of new Programs and Acronyms!! NSP HERA TCAP ARRA NSP II CDBG – R TARP HPRP

Page CDBG Applicants’ Workshop FY 2010 Continuing Resolution FY 2009 Funding levels Oct. 1 – Dec. 18, 2009 Another Continuing Resolution???? Omnibus appropriations bill????

Page CDBG Applicants’ Workshop HUD Funding FY 2010

Page CDBG Applicants’ Workshop HUD Program Funding – FY 2010 Community Development Block Grant Program (billions) FY 2009 PresidentHouse bill Senate bill $3.9$4.45$4.6$ 4.45 formula$4.16$4.0

Page CDBG Applicants’ Workshop CDBG Fund Modernized CDBG Formula Sustainable Communities Initiative

Page CDBG Applicants’ Workshop HUD Program Funding – FY 2010 HOME Investment Partnerships Program (billions) FY 2009PresidentHouse bill Senate bill $1.825 $2.0$ 1.825

Page CDBG Applicants’ Workshop HOME Program – FY07 to FY10

Page CDBG Applicants’ Workshop HUD Program Funding – FY 2010 Section 202 Elderly Housing (millions) FY 2009PresidentHouse bill Senate bill $765 $1 billion $ 785

Page CDBG Applicants’ Workshop HUD Program Funding – FY 2010 Section 811 Housing for the Disabled (millions) FY 2009PresidentHouse bill Senate bill $250 $350$ 265

Page CDBG Applicants’ Workshop

Page CDBG Applicants’ Workshop New Proposed Legislation Main Street TARP Livable Communities Act

Page 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

Page 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

Page CDBG Applicants’ Workshop Questions?

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