Title
Community Development Block Grant (CDBG) - Request for Waiver / Program Year 2003-2004 Funding for Avondale Youth Assistance
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Whereas, the U.S. Department of Housing and Urban Development (HUD) mandates that Community Development Block Grant (CDBG) balances not exceed 1.5 times the current program year allocation sixty (60) days prior to the end of the program year (February 28th); and
Whereas, to help comply with this regulation, the Oakland County Board of Commissioners adopted a policy allowing communities to protect funds from their two most recent program years; and
Whereas, all unobligated 2003 and older funds are at risk of recapture December 31, 2005, however, a community may protect unobligated 2003 funds from recapture for one additional year by requesting a waiver.
Resolved that at a regular meeting of the City of Rochester Hills City Council held on November 2, 2005 at 1000 Rochester Hills Drive, the City Council requests a one-year deferral of recapture for CDBG Planning Year 2003-2004 funding in the amount of $2,177.36 that was originally allocated towards Public Services - Avondale Youth Assistance.