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HUD Ltr CDBG funds ,4;//lt ..;\lIENTO.... q,,?-1- ~ ~ ""0 f JIIOI~I~ J "a IIII t ".... f<:~ 6"!NDEIJ~\.P U.S. Department of Housing and Urban Development Nebraska State Office Executive Tower Centre 1 0909 Mill Valley Road Omaha, Nebraska 68154-3955 April 4, 2006 Honorable Roy Buol Mayor of Dubuque City Hall 50 West 13'h Street Dubuque,IA 52001-4864 Dear Mayor Buol: The Community Development Block Grant (CDBG) Program provides funds for the City of Dubuque to revitalize neighborhoods, expand affordable housing and economic opportunities, and improve community facilities and services. The U.S. Department of Housing and Urban Development (BUD) is required by law to review the performance of each entitlement city to determine whether the recipient is carrying out its CDBG assisted activities in a timely manner. The standard for timeliness at 24 CFR 570.902 requires that no more than 1.5 years of funds remain unexpended 60 days prior to the end of the program year. On May 3, 2006, the city's balance of undistributed grant funds will be reviewed in accordance with the regulations. As of the date of this letter, the city had 1.62 years of funds remaining unexpended which is $ 180,562.14 above the standard. Please strive to meet the timeliness standard, as failure to meet the statutory requirement could result in the deobligation of CDBG funds. Should you or your staff have any questions, please contact Ms. Kim Radice, Community Planning and Development Representative, at 402-492-3190. Sincerely, ';1[}f2 /1( M~ Patricia M. McCauley 7 Director Community Planning and Development Division cc: Mr. David Harris