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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 40 of 79 <br />Describe the reasons for allocation priorities and any obstacles to addressing underserved <br />needs <br />Funding allocations for CDBG were based on 71.6 percent for Affordable Housing activities, 7.6 percent for <br />Public Services, 10.8 percent for Non -Housing Community Development and Economic Development, and <br />10 percent for Administration, Planning and Fair Housing. Funding recommendations for HOME were <br />based on 91.7 percent for Affordable Housing activities, 5 percent set-aside for use by a Community Housing <br />Development Organization (CHDO) and 3.3 percent for Administration. The City of Redwood City, in <br />partnership with non-profit organizations and County agencies, will undertake numerous programs and <br />activities to meet the five identified priorities of the Consolidated Plan and Annual Action Plan during fiscal <br />year 2020-2021. The timeline for completion of these projects and programs and use of funds is June 30, <br />2021. <br />Annual Action Plan <br />2020 <br />OMB Control No: 2506-0117 (exp. 06/30/2018) <br />31 <br />501 <br />
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