The Georgetown Housing Authority was awarded Williamson County Community Development Block Grant (CDBG) funding in FY06 in the amount of $168,314 and FY07 in the amount of $150,000. These funds were utilized in the planning and engineering of the Sierra Ridge project.
In order for an activity to be eligible under CDBG regulations it must meet two requirements:
1. Involve an eligible activity per 24 CFR 570.201
2. Meet a national objective per 24 CFR 570.208
At this time, the Georgetown Housing Authority is unable to meet a national objective thus making the Sierra Ridge project ineligible under CDBG regulations. This project was identified as a "finding" on the recent CDBG monitoring report and now requires corrective action. Corrective action would include showing that the project is progressing (funding, plans, ect) or repayment of funding.
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