In 1994, the U.S. Department of Housing & Urban Development (HUD) adopted regulations to “consolidate” the application and submission process for their primary formula grant programs; for the City of Henderson these include the Community Development Block Grant (CDBG) and the Home Investment Partnership (HOME) programs.
The 2010-2014 Consolidated Plan provides long range strategic direction for the CDBG and HOME programs and includes needs assessments, housing market analysis, and identified community needs & gaps to provide a framework in establishing priorities in the allocation of Federal, State, and local resources to meet community needs over the five-year time horizon. Annual Action Plans detail short term activities and funding which will help meet the needs identified in the Consolidated Plan. The Consolidated Annual Performance and Evaluation Report (CAPER) is a summary and evaluation of progress made toward identified goals. The CAPER addresses accomplishments, reports on quantitative measures of progress, provides explanations when progress has not been achieved, and details delayed and/or cancelled projects during the reporting period.
In 2008, HUD created the Neighborhood Stabilization Program (NSP) to assist with the redevelopment of abandoned/foreclosed homes. The NSP was a Substantial Amendment to the 2008-2009 Annual Action Plan and NSP3 was a Substantial Amendment to the 2010-2011 Annual Action Plan.