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AgdaPkt 2020-06-08 Joint SA PFA
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AgdaPkt 2020-06-08 Joint SA PFA
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Last modified
10/1/2020 9:50:59 AM
Creation date
6/4/2020 8:06:19 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
6/8/2020
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7.B. - Page 36 of 79 <br />If appropriate, describe publicly owned land or property located within the jurisdiction that <br />may be used to address the needs identified in the plan <br />The City does not anticipate the use of any publicly owned property to be used as part of this plan. <br />Discussion <br />The primary activities the City of Redwood City will fund in the next year are: <br />• Support social services to low-income households <br />• Support services for individuals and families experiencing homelessness <br />• Improvement of economic opportunities <br />• Development of affordable housing <br />Each of these activities and projects will require resources outside of the CDBG and HOME funding. As <br />such, they will utilize other financial resources from private, state and local resources. As an example, the City <br />also provides $100,000 from the General Fund annually for Human Services Financial Assistance (HSFA). <br />This is to increase the City's support for public services since CDBG regulations limit funding to 15 percent <br />of the total award. The City has a large amount of banked match from previously funded HOME projects. <br />Annual Action Plan <br />2020 <br />OMB Control No: 2506-0117 (exp. 06/30/2018) <br />27 <br />497 <br />
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