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City of Reading’s 2023 Annual Community Assessment

by City of Reading

The U.S. Department of Housing and Urban Development (HUD) is required to perform an annual assessment of the performance of grant recipients receiving Federal assistance through the Community Development Block Grant (CDBG) Program, the Home Investment Partnerships (HOME) Program, and the Emergency Solutions Grant (ESG) Program. HUD has completed its review of the City’s 2023 Programs to determine overall progress in the management of grants, compliance with the City’s Joint Consolidated Plan, and the accuracy of performance reports.

The following is a summary of HUD’s assessment:

The City expended 99.47% of its CDBG Program funds for activities benefiting low- and moderate-income level persons, which meets the primary objective of the Housing and Community Development Act of 1974.

As of Nov. 2, 2023, the City had a balance in its Line of Credit of 1.04 times its annual CDBG grant, which complies with the requirement of not exceeding 1.5 times its annual grant.

The City expended 11.94% of its CDBG Program funds for public services, which meets the requirement of not exceeding 15% of CDBG Program funds, including program income, for public services.

The City expended 17.75% of its CDBG Program funds for planning and general administration, which meets the requirement of not exceeding 20% of CDBG Program funds, including program income, for planning and administration.

The City’s annual report included its role and actions in affirmatively furthering Fair Housing and identifying impediments to Fair Housing.

The City has met the origin expenditure test for its 2018 and 2019 grants. The City’s final compliance with the 2020 to 2023 origin year expenditure tests will be assessed once the grants are fully expended.

The City has received an allocation of $2,082,307 of CDBG and $2,200,060 of ESG CARES Act funds for use in preparing for, preventing, and responding to COVID-19. The City has expended $940,343.25 of CDBG-CV and $2,143,155.64 of ESG-CV funds as of the end of FY2023. The funds were utilized for emergency rental assistance and utility payments for low- and moderate-income level families.

The City received a CDBG grant of $2,361,194 for Program Year 2023 and expended $2,959,181.10 of CDBG funds during that period. The types of activities undertaken with those funds included code enforcement, demolition, homeless prevention, micro-enterprise technical assistance, public facilities and improvements, public services, and planning and administration.

The City received a HOME grant of $988,462 for Program Year 2023 and expended $250,628 of HOME funds during this period. The types of activities undertaken with these funds included homebuyer assistance and new housing construction.

The City received an ESG grant of $210,805 for Program Year 2023 and expended $33,116 of ESG funds during this period. The types of activities undertaken with these funds included homeless prevention and homeless shelter services.

The City provided performance measures as required by the Consolidated Planning regulations at 24 CFR Part 91.

The City has the capacity to carry out its programs and meet its reporting requirements.

Copies of HUD’s entire assessment are available at the City of Reading Community Development Department, 815 Washington St., Reading, or by phone at 610-655-6211.

HUD’s entire assessment can also be found on the Community Development Department web page on the City’s website at https://www.readingpa.gov/annual-assessments.

The post City of Reading’s 2023 Annual Community Assessment appeared first on BCTV.


Source: bctv

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