June 29, 2022
2022-06-29T00:00:00
This meeting is being held remotely on Zoom.
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Community Development Public Meeting on CDBG and HOME programs
Wednesday, June 29, 2022
The City of Malden is holding a public hearing regarding the City’s Community Development Block Grant (CDBG) program and the North Suburban Consortium (NSC)’s Home Investment Partnerships (HOME) Program Year 2022 (City Fiscal Year 2023) funding and second draft of the Annual Action Plan. The City’s Office of Strategic Planning and Community Development (OSPCD) administers both programs, which are funded by the U.S. Department of Housing and Urban Development. The NSC’s HOME program covers the communities of Arlington, Chelsea, Everett, Malden, Medford, Melrose, Revere and Winthrop.
The second draft of the Annual Action Plan incorporates changes to the initial civicdraft, which was based on projected federal funding levels. The City and NSC have since received actual funding levels for CDBG and HOME, and have made changes accordingly. The NSC also increased the NSC down payment assistance program from $85,000 to $185,000, and decreased the NSC housing rehabilitation program from $200,000 to $100,000. The draft Annual Action Plan will be available online on June 3rd at https://www.cityofmalden.org/873/HUD-Reports-and-Notices.