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HomeMy WebLinkAboutSubmittal-Presentation by George MensahCOMMUNITY DEVELO 12 CDB LLOCAT 0 SUBMITTED INTO THE Pt=i'---;LL -OrD FOR EMV.3 ON z z3 February 23rd, 2012 a- Pr eSe City of Miami Department of Community Development m CD 2 Ex3 co CDBG Allocations $14,000,000 - '. ._...__ $12,000,000 $10,000,000 -' S8,000,000 -, $6,000,000 54,000,000 S 2,000,000 S0 CDBG .. t 3 CDBG City of Miami • Department of COM nnUnity Development What changed in 2012 ® Congressed reduced CDBG funding by 11% ® HUD used a new source of data for the formula which accounted approx. 25% of cuts to the City SUBMITTED INTO THE PUBLIC RECORD FOR ITEM n 0NO2/2 City of Miami . Departr nt of Community Development Formula Mechanics for Entitleme 3 Grantees: metropolitan cities, urban counties, & states (non - entitlement communities) Formula A: {0.25 x Pop (a) + 0.50 x Pov (a) +0.25 x Ocrowd (a) } x {0.7 x Appropriation} Pop (MA) Pov (MA) Ocrowd (MA) • Formula B (cities): {0.20 x Glaq (a) +0.30 x Pov (a) + 0.50 x Age (a) } x {0.7 x Appropriation} Glag (MC) Pov (MA) Age (MA) Formula B (urban counties): {0.20 x Glag (a) + 0.30 x Pov (a) + 0.50 x Aqe (a) } x {0.7 x Appropriation} Glag (ENT) Pov (MA) Age (MA) w F— The Change in Data SUBMITT PUBLIC RE ITEMn 0 Data source were based on �. Decennial Census information (population, poverty 2. 2005-2009 American Community Survey data (Overcrowding) Census information used in the past O Population: Reduced from 433,136 (estimated for 2010) to 399,457 (2010 census) O Poverty: Increased from 100,405 to 107,771 O Overcrowding reduced from 35,236 (2000 census data 9,367 (2005-2009 ACS) City of Miomi • Deportment of Community Development Result of Data change from 201 • Population change resulted in S67,000 less funding • Poverty change even though an increase still resulted in a reduction of $282,000 ® Overcrowding change resulted in a loss of $1 587,000 in funding SUBMITTED INTO THE PUBLIC RECORD FOR ITEMfON72/ Cif,/ of Miami • Department Communi Development City of Miami Poverty Percentage Rates 2000-2012 SUBMITTED NTO THE 2000 2002 2003 2005 2006 2007 2008 2009 2010 2011 2000 2005 vercrowded Units 2 2006 2007 7008. ABotitvjev ° 1-1 i... , rco!!muMIyp0;iy*-4:4riL 7" • • City of Miami • Department of Community Development