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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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Last modified
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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7.A. - Page 58 of 101 <br />AP -50 Geographic Distribution — 91.220(f) <br />Description of the geographic areas of the entitlement (including areas of low-income and <br />minority concentration) where assistance will be directed <br />The City does not have a specific target area and will use the federal funds city wide. The City will <br />provide programs and services identified in this Action Plan to households with the greatest need. <br />Therefore, most activities will serve eligible low-income households on a city-wide basis and the <br />applicants will apply for assistance on a program -by -program basis. Physical activities, including housing <br />and neighborhood improvements, will be provided within the Census Block Group Areas with the <br />greatest concentrations of low-income households. <br />Typically, the City utilizes its CDBG and HOME funds within the boundaries of the City. However, HOME <br />regulations permit the City to invest its HOME funds in a project outside of its boundaries if that project <br />will serve its own population. <br />Geographic Distribution <br />Target Area <br />Percentage of Funds <br />Citywide and low income census tracts <br />100 <br />Contiguous jurisdictions <br />0 <br />Table 8 - Geographic Distribution <br />Rationale for the priorities for allocating investments geographically <br />The City's primary strategy from 2018 to 2022 is to reduce the housing cost burden for homeowners <br />wanting to live closer to work and creating suitable living environments for those households. In making <br />funding decisions, the City will give priority to activities that: <br />• Meet goals of the 2018-2022 Consolidated Plan <br />• Demonstrate a significance of need <br />• Serve eligible areas within Redwood City <br />• Are eligible projects or programs under HUD rules <br />• Create visual impacts in the neighborhoods, particularly if an infrastructure project <br />Discussion <br />The City will provide programs and services identified in this Plan to households with the greatest <br />need. With HOME funds allocated, the City of Redwood City is looking to support an affordable housing <br />project that is shovel -ready and can use funds within the next 12 months. <br />Annual Action Plan <br />2021 <br />OMB Control No: 2506-0117 (exp. 06/30/2018) <br />465 <br />
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