STRATEGIC PRIORITY: Transportation & Infrastructure
AGENDA DATE: January 22, 2025
COUNCIL DISTRICT(S): 2, 14
DEPARTMENT: Department of Transportation and Public Works
EXECUTIVE: Dev Rastogi
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SUBJECT
Title
Authorize the (1) acceptance of a grant from the U.S. Department of Housing and Urban Design Development (HUD) for the FY 2023 Economic Development Initiative Community Project Funding (Grant No. B-23-CP-TX-1428, Assistance Listing No. 14.251) in the amount of $2,000,000.00 to support planning studies in Downtown Dallas and surrounding neighborhoods from the effective date of award through August 31, 2031; (2) receipt and deposit of funds in an amount not to exceed $2,000,000.00 in the Greater Downtown Dallas Master Plan FY23 EDI-CPF Fund; (3) establishment of appropriations in an amount not to exceed $2,000,000.00 in the Greater Downtown Dallas Master Plan FY23 EDI-CPF Fund; and (4) execution of the grant agreement with HUD and all terms, conditions, and documents required by the agreement - Not to exceed $2,000,000.00 - Financing: Greater Downtown Dallas Master Plan FY23 EDI-CPF Fund
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BACKGROUND
The HUD Economic Development Initiative Community Project Funding (CPF) grants provide investment in a wide variety of projects to provide critical infrastructure and services. CPF grants are selected through a congressionally-directed application process, with projects identified by members of Congress for inclusion in HUD's annual appropriation.
The Reimagining Downtown Dallas Project will fund a series of planning studies to guide investment and sequencing of improvements across Downtown Dallas and surrounding neighborhoods to best take advantage of nearly $5 billion in major infrastructure investments in and around Downtown in the next decade. These projects include the reconstruction of Interstate Highway (IH) 30, the replacement of IH-345 from an elevated freeway to a trenched highw...
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