Colorado Springs City Code § 1.6.401 FUND CREATED
1.6.401: FUND CREATED:
There is hereby created a fund to be known as the community development block grant fund. (Ord. 11-18)
COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS
Colorado Springs City Code ch. 1, art. 6, pt. 4
in effectColorado Springs City Code § 1.6.402 SOURCE OF REVENUES
1.6.402: SOURCE OF REVENUES:
Monies from the following sources shall be placed in the fund:
A. All monies awarded to the City pursuant to the Federal Housing and Community Development Act of 1974 1 .
B. All other monies from any other source appropriated to this fund. (Ord. 11-18)
Notes
1 | 2. 42 USC §5301 et seq.; 12 USC §§1701j-2, 1706e.
Colorado Springs City Code § 1.6.403 EXPENDITURES FROM FUND
1.6.403: EXPENDITURES FROM FUND:
A. Monies in the community development block grant fund shall be expended only for the purposes authorized by the Federal Housing and Community Development Act of 1974, as amended, which shall include, but shall not be limited to:
1. Activities which primarily benefit low and moderate income persons, families or neighborhoods.
2. The reduction and elimination of urban blight, including, but not limited to:
Curb and gutter
Drainage projects
Park development
Road surfacing
Street lighting
3. Activities meeting an urgent need for which no other local dollars are available.
4. The maintenance and increase in the housing stock available for low and moderate income families.
B. Federal monies deposited in this fund shall not be reallocated to the general funds of the City.
C. Expenditures from the community development block grant fund may be made in the following manner:
1. By appropriation in the general appropriation and budget ordinance for the fiscal year, and
2. By special appropriation from time to time as needed. A special appropriation shall designate the purpose for which specially appropriated funds shall be expended. (Ord. 11-18)
Source: City of Colorado Springs, Colorado, City Code and City Charter (American Legal Publishing, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/coloradospringsco/latest/coloradosprings_co/0-0-0-1356Fetched: 11/1/2026