City of Burbank Budget CDBG Funding Recommendations 2026-06-22
CDBG Funds Back Burbank First-Time Homebuyer Program
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Description
Burbank proposes FY 2026-27 CDBG capital funding of $476,582.95 for its First-Time Homebuyer Program to support affordable homeownership. The allocation is adjusted to match the actual HUD grant award.
Contract Details
Contract Amount
$476,582.95
Vendor
CITY OF BURBANK
Agency
City of Burbank - Water and Power, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 22, 2026
Contract Term
FY 2026-27
Renewal Date
2027-06-30
Renewal Info
Annual CDBG capital allocation for down payment and homebuyer assistance for FY 2026-27, subject to future HUD awards.
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