AgdaPkt 2002-05-06 - Laserfiche WebLink

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This third Annual Action Plan identifies activities to be funded during FY 2002/2003 to address the priorities adopted by Council in the Consolidated Plan. These priorities target federal funds for public facilities and improvements, affordable housing and social and economic development programs. The term of the ConSolidated Plan is the period from July 1,2000 to June 30, 2005. A copy of the entire Consolidated Plan is in the Council Study for your review. The Action Plan is made up of funding recommendations from Community Development Block Grant funds, HOME Investment partnership funds and HSFA funds. The HSFA recommendations are in a separate report on this same agenda. Other Funds In addition to the CDBG and HOME funds recommended for funding, the Committee has also recommended the following: · Assumes that $80,000 from the General Fund will be provided to Shelter Network for the Redwood Family House. · That the Council forward to the Redevelopment Agency Board the request from Canada College Small Business Center for $88,1811. The HHCC recommended partial funding for this program from reprogramme¢ funds (see next recommendation) but given the competition for funding, they coul~ not recommend the entire request be funded from CDBG. However, since the program is an economic development function, it may qualify for funding by the Redevelopment Agency. · That $100,0002 in reprogrammed funds formerly budgeted to the City Center Plaza Water Feature be reallocated to Canada Coltege Downtown Business Center. HUD has ruled that the Water Feature activity is no longer eligible for funding through the CDBG program. Funding for the plaza, including the fountain, will be considered for funding as part of the Redevelopment Agency budget. Timeline for Approval · An Executive Summary and a 30-day Request for Citizen Comment on the draft plan has been published for citizen comment prior to forwarding the documents to Council for approval. · The Housing and Human Concerns Committee completed funding recommendations for CDBG and HOME on March 7, 2002 and approved the final Action Plan on March 26, 2002. · The Planning Commission reviewed the capital projects included in the Action Plan on April 2, 2002 and found that the activities conform to the City's General Plan. · If approved by Council, staff will submit its FY 2002/2003 Annual Action Plan to HUD on May 15, 2002. A Binder of Proposals and Financial Statements for each nonprofit organization applying for funding is available for your review in the Planning and Redevelopment Division. I These funds would be used by Canada College to assist small businesses created by the Microbusiness enterprise Program funded by the CDBG program. 2 The fl, nding recommendation for Canada College Small Business Pro.am of $107.ll{ll) includes $7.(1()(~ l'rom the 2(103-2()03 entitlement grant ;md $1{IO,0{X) reallocated from the City Center Water Feature project