AgdaPkt 2008-04-28 - Laserfiche WebLink

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7A(1) Page 2 A binder of all proposals submitted for funding and financial statements for each nonprofit applicant is available for review in the City Clerk's office. Citizens Participation Process · Mandatory application and technical assistance workshops were held by staff to assist interested organizations to prepare competitive proposals and several meetings were held by the Housing and Human Concerns Committee (HHCC) to review proposals submitted for funding. . A total of 24 proposals were received totaling $1,466,115 million dollars for the $717,412 COBG entitlement. There were not enough proposals received to allocate all of the HOME funding, therefore, the Committee allocated $252,546 to Site Acquisition for Affordable housing activities from HOME funds. . On March 13, 2008, the HHCC approved funding for 24 activities, including statutory and administrative set-a-sides, in the amount of $717,412 in COBG Funds, $403,395 in HOME Investment Partnership funds, an estimated $300,000 expected to be received from Program Income revenue 1, and reprogram of prior year funds in the amount of $411 ,028. An additional $500,000 in prior year funds was allocated to the Service League in January under the City's Timely Expenditure Plan. The total Action Plan Budget for Fiscal Year 2008-09, including prior year reprogrammed funds is $2,331,835. Refer to 2008-2009 HHCC COBG/HOME Committee Final Vote (Attachment III). . The Planning Commission reviewed the capital projects in the Annual Action Plan on April 1, 2008 and concurred that the proposed activities conform to the City's General Plan. . A Statement of Community Oevelopment Objectives and Proposed Use of Funds was published for 15 day citizen comment on March 25, 2008 and prior to forwarding the documents to Council for approval. . The HHCC recommended approval of a final Action Plan on April 10, 2008. . The City, pending Council's approval, will submit the fourth Annual Action Plan to HUO on May 15, 2008. All of the activities proposed for funding have been determined to be exempt or categorically excluded under the National Environmental Protection Act (NEPA), or will be subject to further reviews when specific sites are determined. The City has also recorded a Notice of Exemption with the San Mateo County Recorder for the Annual Action Plan application pursuant to California Environmental Quality Act regulations (CEQA). The Human Service Financial Assistance (HSFA) recommendations will be brought to the City Council in a companion report tonight for information as part of the City's upcoming budget review process. Other Funds 1. General Funds: Council has authorized the HHCC to recommend an allocation of $80,000 per year to Shelter Network for the Redwood Family House transitional housing facility. This budget amount may be a combination of COBG funds and/or General funds. The Committee is recommending $35,000 from COSG and $45,000 Program Income' Monies that are generated by use of CDBG funds and come back to the City, i.e. proceeds from lease or sale of property, principal & interest on loan payments, etc.