Summary of Estimated FY 2025-26 CPD Investments & FY 2024-25 Reallocations
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Summary of Estimated FY 2025-26 Allocations and FY 2024-25 Reallocations (Annual Action Plan Amendment) 3. Public Services NA Estimated Allocations 1 Residential Rehabilitation (Homeowner and Renter) Tenant-Based Rental Assistance (TBRA) CDBG Housing Services (TBRA Case Management) Public Housing Improvements (Water and Energy Improvements ) LIHTC Delivery Home Buyer Assistance Glendale CAP (Rapid Rehousing) Glendale CAP (Eviction Prevention) Glendale Works (Case Managers) Foster Youth to Independence Public Services for Vulnerable Populations (15% of CDBG Allocation) Administration (20% of CDBG Allocation, 5% of gross HOME allocation and 7.5% of ESG Allocation) Total FY 2025-26 CDBG $ 2,351,551.00 500,000.00 $ 750,000.00 $ 68,509.00 $ 210,000.00 $ 352,732.00 $ 470,310.00 $ 2,351,551.00 $ FY 2025-26 HOME $ 655,225.00 614,273.00 $ 40,952.00 $ 655,225.00 $ FY 2025-26 ESG $ 206,952.00 95,715.50 $ 95,715.50 $ 15,521.00 $ 206,952.00 $ Subtotal New Funding to Allocate: $ 3,213,728.00 500,000.00 $ 614,273.00 $ - $ 750,000.00 $ 68,509.00 $ 210,000.00 $ 95,715.50 $ 95,715.50 $ - $ - $ 352,732.00 $ 526,783.00 $ 3,213,728.00 $ CDBG (FY 2021-22)2 $ 25,226.31 $ 25,226.31 25,226.31 $ CDBG (FY 2022-23)2 $ 60,336.04 $ 60,336.04 60,336.04 $ CDBG (FY 2023-24)2 $ 11.51 $ 11.51 11.51 $ CDBG (FY 2024-25)2 $ 29,355.00 $ 27,497.80 1,857.20 $ 29,355.00 $ CDBG-CV3 (FY 2020-21)2 $ 43,082.01 43,082.01 $ 43,082.01 $ CDBG Program Income (FY 2024/25)2 $ 95,829.26 76,663.41 $ 19,165.85 $ 95,829.26 $ HOME Program Income (FY 2024/25) 3 $ 24,080.56 21,672.50 $ 2,408.06 $ 24,080.56 $ Subtotal Prior Year Funding to Reallocate: $ 277,920.69 $ - $ 21,672.50 $ 189,735.07 $ - $ - $ - $ - $ - $ 43,082.01 $ 1,857.20 $ - $ 21,573.91 $ 277,920.69 l All Funding: $ 3,491,648.69 500,000.00 $ 635,945.50 $ 189,735.07 $ 750,000.00 $ 68,509.00 $ 210,000.00 $ 95,715.50 $ 95,715.50 $ 43,082.01 $ 1,857.20 $ 352,732.00 $ 548,356.91 $ 3,491,648.69 $ FY 2025-29 Consolidated Plan Goal Summary Funding % 1. Affordable Housing: 2,354,189.57 $ 67.4% 2. Homelessness: 236,370.21 $ 6.8% 3. Public Services: 352,732.00 $ 10.1% Administration: 548,356.91 $ 15.7% Total: 3,491,648.69 $ 100% 2. Per existing City Council policy direction, all prior year regular CDBG funding and CDBG program income will be allocated to support case management services through the HOME TBRA Program. These funds are currently committed by contract to the city's subrecipient, A New Leaf. 3. Per existing City Council policy direction all HOME program income will be allocated for program administration and Tenant-Based Rental Assistance. Per the city's IGA with Maricopa County, the final amount of HOME program income available to allocate will be known after March 31, 2025. 1. FY 2025-26 CDBG, HOME and ESG allocations presented above are actual allocations from FY 2024-25 and will be updated once HUD provides the City with final FY 2025-26 allocations. Once these allocations are received, CDBG activity allocations will be adjusted according to the following: 20% for administration; 15% for public services to benefit vulnerable populations and the balance of funding will be allocated proportionate to the difference in the estimate and actual allocation. Excluding allowable administrative funding, current City Council policy direction is to allocate all HOME funding (including program income) to support the TBRA program and all ESG funding to Rapid Rehousing and Eviction Prevention services provided by the City's Community Action Program. Reallocated Funding FY 2024-25 Action Plan Amendment Consolidated Plan Goal: Source 1. Affordable Housing New Funding FY 2025-26 Action Plan 2. Homelessness