Notice of Amendment to Annual Action Plan FY2016-2017, FY2017-2018, & Mini-Action Plan FY2018-2019; Notice of Public Hearing

Date: 
December 1, 2017 - 8:00am to December 31, 2017 - 5:00pm

The City of Urbana, as lead entity for the Urbana HOME Consortium, proposes to amend the City of Champaign’s HOME Program budget in the FY 2016-2017 AAP and FY 2017-2018 AAP. Adding rental new construction activities to the City of Champaign Neighborhood Revitalization program is proposed, to provide necessary support for the development of the Bristol Park redevelopment. It is expected to include up to 180 units of affordable rental housing on City of Champaign-owned property bounded by Bradley Avenue to the south, Market Street to the west, Chestnut Street to the east, and Roper Street and the Shadow Wood Mobile Home Park to the north. These funds are expected to be provided to the development team and will complement around $23 million in other financing.  

The City of Urbana proposes to amend the City of Urbana’s CDBG Program budget with regard to Public Facility and Improvement activities. Improvements to the Aspen Court complex is proposed to be added to the CDBG Public Facilities Projects in the FY 2016-2017 and FY 2017-2018 Annual Action Plans, to accommodate proposed funding assistance for the Aspen Court complex.  

The Urbana HOME Consortium and the City of Urbana Mini-Action Plan for FY 2018-2019 identifies activities that are planned to be implemented by the City of Urbana, as lead entity for the Urbana HOME Consortium, and the members of the Urbana HOME Consortium during the period beginning July 1, 2018 and ending June 30, 2019 that are expected to be undertaken with pre-award funds.  

A change to the Urbana HOME Consortium Resale and Recapture Guidelines for HOME Program Activities is also included as part of this proposed amendment. The proposed change would clarify the inclusions and exclusions associated with the net proceeds of sale and capital improvements. 

Hard copies of the AAP Amendments & Mini-Plan will be available in the Community Development Services Dept. and the Clerk's Office, 400 South Vine Street, Urbana IL; and at the Urbana Free Library, 210 W Green St., Urbana, IL.

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Created on: Friday, December 1, 2017 - 12:36
- Author: KellyH