BRADENTON -- The city of Bradenton is expected to receive $421,000 from the Department of Housing and Urban Development for distribution through the Community Development Block Grant program.
Applications will be accepted beginning Monday. The deadline to submit applications is 4 p.m. Monday, May 19.
Funds will be allocated for projects approved for October through September 2015, which is the CDBG program year.
Vicki White, Bradenton housing and community development coordinator, said applications will be accepted at the city website (cityofbradenton.com) or at the front desk of City Hall, 101 12th St. W.
White said the CDGB 2014-17 consolidation plan and 2014-15 action plan will be presented to Bradenton City Council in July.
The process involves staff approval of applications for allocation of city CDBG funds.
The action plan undergoes public review before being sent to HUD. If HUD approves the city plan, a new contract is sent to the city dedicating the funding, which then prepares a consolidation report.
The consolidation report, available for public review for two weeks, determines if additional funding is needed, then is sent back for HUD approval.
City officials anticipate final HUD approval in August. Funded projects could begin as early as October.
The primary qualification for CDBG funding is a project benefiting low- to moderate-income households at or below 80 percent of the median income for the area.
Mark Young, Herald urban affairs reporter, can be reached at 941-745-7041 or follow him on Twitter@urbanmark2014.