Print this page
Posted: May 09, 2024
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF051524-04

Agenda Item Title:

Approve the City of Rapid City’s CDBG Affordable Rent Standards

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
05/15/2024
City Council Hearing Date:
05/20/2024
Staff Contact:
Michelle Schuelke
Location:
Council Chambers
Agenda Item Summary:
Staff requests Council approval of the City of Rapid City’s CDBG Affordable Rent Standards. The affordable rent standards define what constitutes affordability of rents for low- and moderate-income households living in units assisted with Rapid City’s Community Development Block Grant funds to ensure tenants of CDBG-funded rental properties are paying an appropriate housing cost for the City’s specific area, community, and needs. These standards are applicable to the City’s CDBG program only and do not constitute standards for any other program.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

City Council Recommendation Action:
Approve

Attachments & Links to Download:

LF051524-04 CDBG Affordable Rent Standards

Joomla! Debug Console

Session

Profile Information

Memory Usage

Database Queries