About $2 million in housing funds proposed
Two ordinances would appropriate $2,034,779.38 for Fort Collins housing and community development programs and administration. The CDBG ordinance would provide $1,225,785, including $1,131,416 in 2026 entitlement funding and $94,369 in program income; the HOME ordinance would provide $808,994.38, including $631,053.38 in entitlement funding and $177,941 in program income. The program income comes from Home Buyer Assistance loan payoffs and payments on affordable housing projects and would return to the respective programs for eligible projects. The funds would be allocated through the annual competitive process and would continue until the applicable grant expires or all grant funds are spent, rather than lapse at the end of the fiscal year. The appropriations would support affordable housing, public services for people experiencing homelessness, and other eligible housing and community development activities.