FINANCIAL_SERVICESPENDING

City of Racine Community Development Block Grant Advisory Board Agenda 2026-05-11

Racine Seeks HUD Approval for 2026 Action Plan

$1,711,710 in CDBG, $433,741 in HOME, and $153,237 in ESG for FY 2026, with additional program income or prior-year funds as availableCity of RacineUS DEPARTMENT OF HOUSING & URBAN DEVELOPMENT HUDMay 11, 2026

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Description

The City of Racine is considering approval of its FY 2026 Annual Action Plan to secure Community Development Block Grant, HOME, and ESG funding from the U.S. Department of Housing and Urban Development. Upon approval and submission, HUD would provide over $2.2 million in program funds, plus any available program income or prior-year balances, to support local housing and community development activities during FY 2026.

Contract Details

Contract Amount

$1,711,710 in CDBG, $433,741 in HOME, and $153,237 in ESG for FY 2026, with additional program income or prior-year funds as available

Vendor

US DEPARTMENT OF HOUSING & URBAN DEVELOPMENT HUD

Agency

City of Racine, MN

Contract Type

FINANCIAL_SERVICES

Document Date

May 11, 2026

Contract Term

FY 2026

Renewal Date

2026-12-31

Renewal Info

Annual HUD entitlement funding is based on an annually submitted and approved Annual Action Plan; future-year funding will require submission and approval of subsequent plans.

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