Scottsdale to receive nearly $332k in block grants for affordable housing

A view of a monument sign motorists encounter when entering into the city of Scottsdale. (File photo)

The Scottsdale City Council approved on consent a new amendment to an intergovernmental agreement between the city and Maricopa County to allow the city to receive federal funds for providing affordable housing.

This is the second amendment in the IGA and positions the city to receive $331,572 for the purchase and rehabilitation of rental housing. The approval came during the council’s Tuesday, Nov. 13 meeting at City Hall, 3939 N. Drinkwater Blvd.

This will be the city’s third year receiving funds from the HOME Program, which aims to expand the supply of housing for low and very low income families through the providing of federal housing assistance block grants from the U.S. Department of Housing and Urban Development to states and local governments.

The intent of the HOME Program is to expand the capacity of nonprofit housing providers; strengthen the ability of state and local governments to provide housing; and leverage private sector participation.

Scottsdale receives funds from this programs because of its participation in the Maricopa HOME Consortium. The consortium, which receives the funds, includes Scottsdale, Chandler, Glendale, Tempe, Avondale, Peoria, Gilbert and Maricopa County, according to a city staff report to council.

The HOME Program also requires agencies receiving funds to provide a match of no less than 25 percent of the total funds awarded. Contributions for the match must come from a non-federal source and must be a permanent contribution to a HOME activity or to match-eligible housing.

In the past, Scottsdale received $219,957 for fiscal year 2016-17 and $219,039 for fiscal year 2017-18. Funds are based on a formula that accounts for housing supply, level of poverty and other factors. HOME funds are allocated to consortium members based off the relative percentage of their formula allocation.

City staff say the amount increased because of HUD’s federal budget increase.

News Services Reporter Josh Martinez can be contacted at jmartinez@newszap.com or at 623-445-2738

You are encouraged to leave relevant comments but engaging in personal attacks, threats, online bullying or commercial spam will not be allowed. All comments should remain within the bounds of fair play and civility. You can disagree with others courteously, without being disagreeable. Feel free to express yourself but keep an open mind toward finding value in what others say. To report abuse or spam, click the arrow in the upper right corner of the comment box.

Facebook Comment