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CDBG Applicant Workshop Macon, GA December 4, 2009

CDBG Applicant Workshop Macon, GA December 4, 2009. News From Washington Legislative Update. Lots of new Programs and Acronyms!!. NSP HERA TCAP ARRA NSP II CDBG – R TARP HPRP. FY 2010 Continuing Resolution. FY 2009 Funding levels Oct. 1 – Dec. 18, 2009 Another

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CDBG Applicant Workshop Macon, GA December 4, 2009

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

  2. Lots of new Programs and Acronyms!! NSP HERA TCAP ARRA NSP II CDBG – R TARP HPRP

  3. FY 2010 Continuing Resolution FY 2009 Funding levels Oct. 1 – Dec. 18, 2009 Another Continuing Resolution???? Omnibus appropriations bill????

  4. HUD Funding FY 2010

  5. HUD Program Funding – FY 2010 Community Development Block Grant Program (billions)

  6. CDBG Fund Modernized CDBG Formula Sustainable Communities Initiative

  7. HUD Program Funding – FY 2010 HOME Investment Partnerships Program (billions)

  8. HOME Program – FY07 to FY10

  9. HUD Program Funding – FY 2010 Section 202 Elderly Housing (millions)

  10. HUD Program Funding – FY 2010 Section 811 Housing for the Disabled (millions)

  11. New Legislation and Regulations

  12. New Proposed Legislation Main Street TARP Livable Communities Act

  13. 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

  14. 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

  15. Questions?

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