|Agency:||City of Santa Fe|
|Type of Government:||State & Local|
|Posted Date:||Jan 5, 2018|
|Due Date:||Feb 2, 2018|
|Bid Source:||Please Login to View Page|
|Contact information:||Please Login to View Page|
|Bid Documents:||Please Login to View Page|
What is CDBG?
CDBG is the Community Development Block Grant Program funded by the U.S. Department of Housing and Urban Development (HUD). The CDBG Program provides, on an annual basis, an allocation of funds to local and state governments for a wide-range of eligible housing and community development activities. The stated purpose of the program is:
¡°The development of viable urban communities, by providing decent housing and a suitable living environment and expanding economic opportunities, principally for persons of low and moderate income.¡±
CDBG funds are allocated each year to cities with populations in excess of 50,000 and urban counties. The City of Santa Fe, along with over 1,100 other cities in the country, is an ¡°entitlement city¡± which means it automatically receives the federal money based on a formula that takes into consideration the community needs, including the extent of poverty, population, housing overcrowding, age of housing and population growth lag in relationship to other metropolitan areas. Other entitlement cities in New Mexico include Albuquerque, Las Cruces, Rio Rancho and Farmington. HUD allocates the balance of CDBG funds to The State of New Mexico to convey to counties, smaller towns and other sub-recipients like the New Mexico Mortgage Finance Authority (MFA). The total funds available to the City of Santa Fe vary each year.
Although Santa Fe must administer the use of CDBG funds in accordance with specific federal regulations, the Santa Fe City Council determines how to use the grant money according to the local needs. In Santa Fe, the CDBG funds are dispersed on a competitive basis to agencies/projects selected by the Santa Fe Community Development Commission and approved by the City Council.
These agencies must fulfill the objectives of the program by carrying out eligible activities that benefit low and moderate income (LMI) residents, persons who are homeless, persons who have disabilities, the elderly, and other special needs groups. Although not required, the agencies are also encouraged to find other funding sources to help leverage the CDBG funds.
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