Grants & Contracts Committee Meeting 09/10/2026

The Alpena County Grants & Contracts Committee met on September 10, 2026, primarily to discuss the Community Development Block Grant (CDBG) program's funding cycle and financial management. The committee reviewed the fiscal year timeline from July 1 to June 30, the process for reporting grant expenditures, and the recycling of program income through homeowner loan repayments. They explained that loans are deferred until homeowners no longer occupy their homes, with repayments becoming program income that supports future grant spending. The committee also noted the requirement to report and potentially return funds exceeding $35,000 to the state if not reinvested locally. No new contracts, vendor selections, or capital projects were discussed, and the meeting concluded with routine procedural motions to approve the agenda and adjourn.