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AgdaPkt 2021.04.26 Joint SA FPA
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AgdaPkt 2021.04.26 Joint SA FPA
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4/27/2021 9:23:20 AM
Creation date
4/22/2021 4:50:14 PM
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CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
4/26/2021
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4/22/2021 4:53 PM
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4/22/2021 4:53 PM
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7.A. - Page 2 of 101 <br />The Con Plan is carried out through Annual Action Plans, which provide a concise summary of the actions, <br />activities, and the specific federal and non-federal resources that will be used each year to address the <br />priority needs and specific goals identified by the Con Plan. In Redwood City, the Annual Action Plan <br />consists of funding recommendations made by the Housing and Human Concerns Committee (HHCC) for <br />approval by the City Council each year. The 2021 Action Plan represents the City's fourth year of the Con <br />Plan and is included as Attachment B along with an Executive Summary (Attachment C) and Budget <br />(Attachment D). <br />HUD issued a memorandum on April 1, 2020 to provide regulatory waivers of certain Con Plan <br />requirements to help prevent the spread of COVID-19. These waivers include the Citizen Participation <br />Reasonable Notice and Opportunity to Comment waiver, which allows for virtual public hearings. Staff <br />submitted a notification on March 2, 2021, notifying HUD of the City's intent to use this waiver. HUD <br />acknowledged receipt of this notification on March 3, 2021. <br />ANALYSIS <br />HUD has allocated $769,420 of CDBG and $329,864 of HOME entitlement grant funds to the City for Fiscal <br />Year (FY) 2021-2022. In addition, the City estimates it will receive $40,000 in CDBG program income and <br />is carrying over $48,993 in unspent Community Housing Development Organization (CHDO) HOME funds <br />from the prior fiscal year. This represents a total of $1,188,277 in federal funds available for FY 2021-22, <br />as shown in Table 1 below. <br />Table 1 <br />2021-2022 Available Funding <br />CDBG <br />2021-22 CDBG Allocation $769,420 <br />Estimated FY 2021-22 Program Income $40,000 <br />Prior Year Carryover Funding $ - <br />Total CDBG $809,420 <br />HOME <br />FY 2021-22 HOME Allocation $329,864 <br />Estimated FY 2021-22 HOME Program Income $ - <br />Carryover CHDO Funding (PY 2019) $ 48,993 <br />Total HOME $378,857 <br />TOTAL CDBG & HOME $1,188,277 <br />The City operates on a two-year funding cycle for public services, fair housing and minor home repair <br />activities. All of the two-year funding cycle activities went through an extensive application process in FY <br />2020-21, the first year of the current funding cycle, and therefore were not required to apply for funding <br />again this fiscal year. <br />Page 2 of 7 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore <br />409 <br />
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