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HomeMy WebLinkAboutMemo - Mail Packet - 5/31/2016 - Information From Darin Atteberry Re: May 23 Lpt Follow Up - Cdbg Funding1 Sarah Kane From: Beth Sowder Sent: Monday, May 23, 2016 1:30 PM To: Wanda Winkelmann; Jeff Mihelich; Jacqueline Kozak-Thiel Subject: RE: Summary of May 23 LPT Meeting Hi, Regarding the Mayor’s question about CDBG funding in Castle Rock, here is some information Beth Rosen provided: Here’s a news article about Castle Rock. This is what I was able to glean: 1. Non-profits in Castle Rock historically received CDBG grants through Douglas County 2. Castle Rock’s population increased, making it eligible to receive $212,000 in funds directly from HUD (become an entitlement) a. Receiving the funds directly would make Castle Rock responsible for its own administration of the funds b. Douglas County previously had the admin burden of the funds c. CDBG regulations would have allowed Castle Rock to retain 20% of the $212,000 ($42,400) to cove admin costs 3. Castle Rock decided they had enough general fund money they didn’t want to deal with the extra burden of being a direct recipient of HUD funds 4. Douglas County will now receive $212,000 less than it used to, and cannot serve Castle Rock – as Castle Rock can receive the funds directly Bottom line – there wasn’t a change in CDBG, Castle Rock’s eligibility status changed and they decided not to participate. We are also an Entitlement, receiving nearly $1,000,000 annually. http://castlerocknewspress.net/stories/How-the-CDBG-decision-affects-Castle-Rock-residents,197264 Thank you, ~Beth From: Wanda Winkelmann Sent: Monday, May 23, 2016 12:59 PM To: Leadership Planning Team Minutes Cc: City Clerk Department Subject: Summary of May 23 LPT Meeting Good afternoon: The minutes from today’s LPT are attached. Wanda . . . . . . . . . . . . . . . WANDA WINKELMANN City Clerk City of Fort Collins P.O. Box 580 May 26, 2016 TO: Mayor & City Council FROM: Darin Atteberry RE: May 23 LPT Follow Up - CDBG Funding /sek 2 Fort Collins, CO 80522 970-416-2995 office wwinkelmann@fcgov.com