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City Council <br />Meeting Minutes October 20, 2020 <br />reminded Council about the $425,261 round one funding received and how <br />that was allocated. He noted that round two funding went to the states, and in <br />round three more funding was allocated to communities with: <br />• high risk of virus spread due to overcrowding or unemployment <br />• large numbers of very low-income renters <br />• businesses not reopening or failing, especially in specified industries <br />• homes of the employees of closed and struggling businesses <br />The primary concerns are eviction prevention and impact on businesses and <br />employment. <br />The recommendation for CDBG-CV allocation include: <br />Eviction Prevention for Renters, Homeowners, and/or Small Businesses <br />• Rent / Mortgage / Utilities <br />• % of funding proportionate to number of eligible applications received <br />• Individuals < 60% Area Median Income ($58,560 for a family of 4) <br />• Businesses < 50 employees <br />• Awarded either by lottery or evaluation of need <br />• Third parties to create and administer each program <br />Other Possible Additional Funding: Texas Eviction Diversion Program <br />• CDBG-CV funding through the Texas Department of Housing and <br />Community Affairs (TDHCA) <br />• 1st round by the end of the year — automatic <br />• Competitive round early 2021 <br />Next Steps: CDBG-CV <br />After Council Direction is a required 5 -day comment period on proposed <br />programs <br />11/17/20 - Public hearing and City Council vote on proposed programs <br />After Council Vote on proposed programs - Notice of Funding Availability <br />December - Selected agency contract awarded — (City Manager approved) <br />January - Marketing <br />February - Application review and payments <br />3-21-30 <br />Council discussion was held regarding the CRF funding and direction is <br />requested on the following: <br />City of San Marcos Page 18 <br />