City of Burbank Staff Report Adoption of a Resolution to Approve the Annual Action Plan for the Fiscal Year 2026-2027 Community Development Block Grant Program 2026-06-16
CDBG-Funded First Time Homebuyer Program Approved
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Description
Burbank plans to allocate FY 2026-2027 CDBG capital funds to a City-run First Time Homebuyer Program for down payment and closing cost assistance. The program forms part of the Annual Action Plan submitted to HUD.
Contract Details
Vendor
CITY OF BURBANK
Agency
City of Burbank - Water and Power, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
Fiscal Year 2026-2027
Renewal Date
2027-06-30
Renewal Info
Program funding is for FY 2026-2027 CDBG allocation; future years would require new Annual Action Plan approvals and HUD allocations.
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