AgdaPkt 2002-05-06 - Laserfiche WebLink

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From the City Manager May 6,2002 Subject Annual Action Plan to the Consolidated Plan for FY 2002-2003 Recommendation Adopt a resolution: 1. Approving the Annual Action Plan and authorizing the City Manager to execute documents to be submitted to the U.S. Department of Housing and Urban Development. 2. Reallocating $100,000 from the Water Feature Project, which is no longer an eligible project, to the Canada College Small Business Center. 3. Referring the issue of additional funding for Canada College Small Business Center to the Redevelopment Board for their review. The Human Services Financial Assistance Program (HSFA) recommendations are made by separate report on this agenda. Background The City expects to receive $957,000 in Community Development Block Grant funds and, $442,000 in HOME Investment Partnership funds from the U.S. Department of Housing and Urban Development (HUD) for FY 2002/2003. Technical assistance workshops were held by the City to assist interested organizations to prepare competitive proposals and several meetings were held by the Housing and Human Concerns Committee to review proposals submitted for funding. On March 7, 2002, the Housing and Human Concerns Committee approved funding recommendations for 25 programs and projects in the amount of $957,000 from CDBG Funds and $442,000 in HOME funds. The Consolidated Plan is a federal prerequisite for receiving various sources of entitlement funding from the U.S. Department of Housing and Urban Development (HUD). The overall Plan is made up of three components: A Market and Needs Analysis; a Strategic Plan; and a One-Year Action Plan. The Consolidated Plan identifies priorities the Council adopted to use over the five years to meet affordable housing goals and to improve the quality of life for residents who are Iow income and have special needs. This 2002-03 Annual Action Plan is the third year of the five year Consolidated Plan.