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6.0. - Page 10 of 179 <br />A key component of the Consolidated Plan is the preparation of an Annual Action Plan. In Redwood City, <br />the Annual Action Plan constitutes funding recommendations made by the Housing and Human <br />Concerns Committee (HHCC) for approval by Council each year to implement the five-year strategy. The <br />funding recommendations include amounts and specific programs and activities to be funded from each <br />annual entitlement of CDBG and HOME funds the City will receive during the five-year term. <br />The HHCC is recommending an Annual Action Plan for fiscal year 2018-2019 that proposes funding for <br />programs and activities to be carried out during the first year of the Plan. The total amount of funding <br />will be based on the City's expected entitlement from CDBG and HOME, as well as program income <br />received from the City's Home Improvement Loan Program's revolving loan fund. Other state and local <br />funds will be used to leverage these funds to address the priority needs of the Annual Action Plan. <br />The Annual Action Plan identifies all sources of funding, specific activities recommended for funding, <br />and information regarding the location of activities to be funded. <br />The Housing and Human Concerns Committee forwards their recommendations for capital and land use <br />related activities to the Planning Commission (Commission) each year to concur that the proposed <br />activities for funding meet the goals and objectives of the City's General Plan. The capital and land use <br />activities recommended for funding in 2018- were reviewed by the Commission on March 20, 2018. <br />The HHCC and Planning Commission's revie Lthe 'dated Plan priorities for conformance to the <br />General Plan will assure that the strategy, prio ies, and proposed programs for funding will follow the <br />Land Use, Housing, and Human Services Elements of the General Plan. Copies of the public notices, <br />meeting agendas and minutes are available for public review in the Planning & Housing Division of the <br />Community Development [Nment. <br />On April 23, 218 City Council approved the 2018-2022 five year Consolidated Plan and Fiscal Year 2018- <br />2019 Annual Action Plan acti es proposed for funding based on prior year estimates. On May 1, 2018 <br />the U.S. Department of Housir d Urban Development (HUD) published CDBG and HOME entitlement <br />funds allocations for 2018-2019. The City received an increase of approximately 10% of the estimated <br />CDBG funds and an increase of approximately 61% of the estimated HOME funds. This required the City <br />to conduct a Substantial Amendment to the 2018-2019 Annual Action Plan, including obtaining <br />community input and held a Public Hearing on June 12, 2018 for public comment. <br />On May 28, 2019, the HHCC will hold a public hearing to hear public comment on the proposed <br />amendments to the 2018-2022 Consolidated Plan and 2018-2019 Annual Action Plan. The City plans to <br />include homebuyer activities for the term of the Consolidated Plan and add a direct homebuyer activity <br />to the 2018-2019 Annual Action Plan. <br />3. Evaluation of past performance <br />Consolidated Plan REDWOOD CITY 4 <br />OMB Control No: 2506-0117 (exp. 06/30/2018) <br />366 <br />