AgdaPkt 2018-06-25 Joint SA PFA - Laserfiche WebLink

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REPORT To the Honorable Mayor and City Council From the City Manager June 25, 2018 SUBJECT Amendments to the Annual Action Plan (2018-2019) RECOMMENDATION Adopt a resolution approving amendments to the Annual Action Plan (2018-2019) for Community Development Block Grant (CDBG) and Home Investment Partnerships Program (HOME) entitlement funds and authorize the City Manager or designee to execute related documents BACKGROUND The City of Redwood City receives federal funds from the U.S. Department of Housing and Urban Development (HUD) through the Community Development Block Grant (CDBG) and Home Investment Partnerships (HOME) entitlement programs. On April 23, 2018, City Council approved the 2018-2022 five year Consolidated Plan and Fiscal Year 2018-2019 (FY2018) Annual Action Plan activities proposed for funding based on prior year estimates for CDBG and HOME funds. On May 1, 2018 HUD published CDBG and HOME entitlement fund allocations for FY2018; the City received an increase of approximately 10 percent for CDBG and 61 percent for HOME of the estimated amounts used for the Annual Action Plan. The estimated amount was $650,000 for CDBG, and the final amount is $715,572. The estimated amount for HOME was $200,000, and the final HUD allocations are $321,488. An increase from estimated grant amounts to actual amounts that is greater than 25 percent requires the City to conduct a Substantial Amendment to the FY2018 Annual Action Plan, including obtaining community input and conducting a public hearing for additional public comment. ANALYSIS Annual Action Plan Amendment On May 8, 2018 the Housing and Human Concern Committee (HHCC) held a meeting to make funding recommendations based on the final published CDBG and HOME entitlement fund allocations. Funding recommendations for CDBG were based on 55 percent for Affordable Housing activities, 15 percent for Public Services, 10 percent for 6.3.F. - Page 1