Community Development Block Grant (CDBG)
SMALL BUSINESS LOAN PROGRAM
The City is currently accepting applications for the Small Business Loan Program to assist small businesses with pandemic recovery efforts. Loans range between $5,000 and $10,000 based on the number of employees and demonstrated need. Loans are limited to Blue Springs businesses with 15 or fewer employees and a majority of employees must be from low-moderate households. Please see the application packet for additional information, including eligibility and review criteria. Applications will be accepted through August 31, 2020.
2020-2021 ANNUAL ACTION PLAN
The City of Blue Springs is in the process of developing the 2020-2021 Annual Action Plan which outlines the activities and projects that will be undertaken by the City with CDBG funds between October 1, 2020 and September 30, 2021. The Draft Annual Action Plan is available for review and public comment. The 30-day public comment period begins on Saturday, August 15, 2020 and will end Tuesday, September 15, 2020. The final draft will be presented to the City Council at a final public hearing on Monday, October 5, 2020. Details on how to provide input/comment is included in the public notice. The City has received an annual allocation of $268,985 and will be re-allocating $92,970 in pre-2019 funds for a total program of $361,955
Overview of CDBG
The United States Congress reaffirmed the nation's primary housing goal "that every American family be able to afford a decent home in a suitable environment" through the passage of the Cranston-Gonzales National Affordable Housing Act of 1990.
Goals of the Act
This Act made substantive changes to the nation's approach to providing low and moderate income families with greater opportunities toward obtaining affordable housing. The 1990 Act listed the following goals to guide the various federal housing programs covered by the Act:
- Ensure that every resident of the United States has access to decent shelter or assistance in avoiding homelessness
- Increase the Nation's supply of decent housing that is affordable to low-income and moderate-income families and increase accessibility to job opportunities
- Improve housing opportunities for all residents of the United States Help make neighborhoods safe and livable
- Expand opportunities for home ownership
- Provide every American community with a reliable, readily available supply of mortgage financing at the lowest possible interest rates
- Encourage tenant empowerment and reduce generational poverty in federally assisted and public housing by improving the means by which self-sufficiency may be achieved
CDBG Funds & Blue Springs
Beginning in 2006, the City of Blue Springs qualified as an "Entitlement Community", which means it became entitled to receive CDBG funds. The Department of Housing and Urban Development (HUD) awards these entitlement funds. The CDBG program is administered by Community Development Department Staff.
For more information contact Matt Wright, Senior Planner at (816) 220-4504 or e-mail email@example.com.