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The U.S. Department of Housing and Urban Development has released its two-year expenditure analysis for the 13 National Disaster Resilience grantees, and reports that Minot ranks second in progress toward becoming a more resilient city.
Springfield, Mass., has utilized 37.89% from a grant of just over $17 million. Minot was second among the 13 grantees, having used 21.65% of its $74.3 million program funding toward resiliency efforts, including property acquisitions for flood protection and investments in affordable housing projects. Other notable percentages include the city of New Orleans at 0.85%, New York City at 0.71%, and Shelby County, Tenn., at 6.84%.
All grantees must utilize their entire grant no later than Sept. 30, 2022, with any funds remaining on Oct. 1, 2022, automatically reverting back to the United States Treasury.
The periodic HUD analysis is used to assess the progress being made by the 13 grantees both in carrying out their HUD-approved action plans and in disbursing all funds by the 2022 deadline.
“This report affirms Minot’s commitment to deploying these grant funds on a timely basis to address impacts from the 2011 flood and to demonstrate to HUD our capability to meet their expectations of following through on our approved action plan,” Minot Mayor Shaun Sipma said.
Sipma said the city is confident it can stay on track to utilize all funds by the deadline. Work is under way on two multi-family affordable rehabilitation agreements and a single family affordable housing project with a non-profit corporation. Additional properties are being acquired for flood control, and the gathering space project in downtown Minot is moving forward.
“Our usage rate reflects activities in multiple areas, including acquisitions for flood control, investing in affordable rental housing like the Park South project, launching new programs such as gap financing for flood-impacted homeowners to buy homes outside the flood area, and carrying out critical strategic planning such as the International Economic Development Council report,” said John Zakian, National Disaster Resilience Program manager for the City of Minot.