Res 2021-064/approving Substantial Amendment No. 10 to the Community Development Block Grant-Disaster Recovery (CDBG-DR) Action Plan

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Households w/income above 30% but less than 50%AMI 180 97% 5 3%' Households w/income above 50% but less than 80% AM 1 20 20% 80 80% Households w/income above 55 20% 220 80% 80% AM I (Source: www.huduser.org/porta(/datosefs/cp/chas/data download chas.htm() d) Increased risk of homelessness Approximately 8% of all households with an annual income at or below 50% AMI have children six years old or younger. If we assume that the percent of households with children having a housing cost burden is similar to the population as a whole, then it can be estimated that 284 rental and 20 owner -occupied extremely low income households have a housing cost burden of 50% or greater. A cost burden this high puts the families at imminent risk of becoming homeless. There is a lack of homeless prevention dollars in the City. The City does not receive rapid re -housing assistance or Emergency Solutions Grant funds. The City does not have resources to provide this form of assistance. The high cost of rental housing in the City creates instability and an increased risk of homelessness as a by-product. Very low-income households living in aging housing have limited resources for maintaining and repairing their homes; if no repairs are made, serious deficiencies can leave the home uninhabitable and create a risk of homelessness or overcrowding. The low or extremely low-income households with at least one person 75 years or older are also in danger of becoming homeless or having to double -up with families or friends as options for affordable living decrease and assisted living is not affordable. e) Pre -Flood Sources of Housing Funds Prior to the Floods, the City regularly programmed approximately $500,000 annually in CDBG funding. As of 2015, these funds had been allocated into the following "High Priority' categories: • Affordable Housing • Public Services • Public Facilities/Infrastructure/Transportation • Clearance Activities • Program Administration Given pre-existing contracts and set asides, the ability of the City to utilize these funds on disaster related activities can be difficult and therefore should not be relied upon as actual post -disaster funding. The amount of CDBG funding that the City can use to assist in disaster related activities is approximately $311,000. These funds have been allocated to third party contractors who have already used $35,812 to assist in the repair and rehabilitation of houses damaged by the floods. f) Additional Sources of Funding While there are many non-profit and philanthropic organizations in the City, the majority of them exist for very specific and limited purposes. This does not enable them to provide long term disaster recovery assistance, so cannot reliably be counted as a source of long-term funding. Organizations such as the United Way, Red Cross and the Blanco River Regional Recovery Team (BR3T) all provided assistance Last Updated 3/03/20 Page 15 of 63