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File #: RES 21-1358    Version: 1
Type: Resolution Status: Passed
In control: City Council
Final action: 9/15/2021
Title: Authorizing the City to transfer a total of $2,000,000 in CDBG and CDBG-CV funds to a specific account for the Saint Paul Homeowner Stability Mortgage Assistance Program, a COVID-related activity.
Sponsors: Amy Brendmoen, Chris Tolbert
Attachments: 1. Financial Analysis
Title

Authorizing the City to transfer a total of $2,000,000 in CDBG and CDBG-CV funds to a specific account for the Saint Paul Homeowner Stability Mortgage Assistance Program, a COVID-related activity.

Body

WHEREAS, the City of Saint Paul (City) is an entitlement grantee that receives direct funding from the United States Department of Housing and Urban Development (HUD) for the Community Development Block Grant Program (CDBG); and

WHEREAS, on March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which authorized a variety of programs to address issues related to the COVID-19 public health emergency; and

WHEREAS, the City, as a CDBG entitlement grantee, was awarded special allocations of CDBG-CV funds through the CARES Act and HUD to prevent, prepare for, and respond to the COVID-19 public health emergency; and

WHEREAS, the CARES Act authorized HUD to exercise flexibilities with respect to the use of CDBG-CV grants and 2019 and 2020 CDBG grants; and

WHEREAS, pursuant to the CARES Act, these CDBG and CDBG-CV funds must meet all CDBG requirements, unless specifically waived by HUD, and must be used to prevent, prepare for, and/or respond to COVID-19 public health emergency; and

WHEREAS, On March 18, 2020, the U.S Department of Housing and Urban Development (HUD) authorized the Federal Housing Administration (FHA) to implement an immediate foreclosure and evictions moratorium for single family homeowners with FHA-insured mortgages; and

WHEREAS, On July 31, 2021, the Federal Foreclosure Moratorium expired, allowing lenders/mortgage servicers to begin foreclosure proceedings on borrowers who are past due on mortgage payments; and

WHEREAS, while certain eviction protections will continue through September 30, 2021 that provide families who need to seek alternative housing additional time to do so, many lenders/mortgage servicers will not pause foreclosure proceedings; and

WHEREAS, the City has id...

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