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7.A. - Page 96 of 101 <br />1 <br />Redwood <br />ItI califoreia <br />�Id9d�a4i <br />CITY OF REDWOOD CITY <br />EXECUTIVE SUMMARY <br />ANNUAL ACTION PLAN FY2021-2022 <br />The City of Redwood City's 2021-2022 Annual Action Plan demonstrates a relationship between the 2018-2022 <br />Consolidated Plan priorities, and the activities recommended for funding during the fourth year of the five-year Plan. <br />The major theme of the Consolidated Plan is "housing production and basic human needs". The proposed activities <br />to be undertaken with CDBG and HOME funds reflect the City's strategy to target funds to programs that integrate <br />a continuum of activities ranging from homeless assistance to economic development and creating suitable living <br />environments. The target group to be assisted is households with incomes at or below 80% of the area median <br />income for San Mateo County. All activities proposed for funding meet one or more of the City's Consolidated Plan <br />priorities. The City has identified a number of programs that will be delivered under each priority. <br />Redwood City received a CDBG allocation of $769,420 and a HOME funding allocation of $329,864. In addition to <br />the new funding allocations, Redwood City will carryover $48,993 of HOME funding from prior year Community <br />Housing Development Organization (CHDO) funds. Funding recommendations for CDBG were based on 7.55 percent <br />for Affordable Housing activities, 14.76 percent for Public Services, 57.70 percent for Non -Housing Community <br />Development and Economic Development, and 20.00 percent for Administration, Planning and Fair Housing. Funding <br />recommendations for HOME were 65.30 percent for Affordable Housing activities, 26.00 percent set-aside for use <br />by a CHDO and 8.71 percent for Administration. The City of Redwood City, in partnership with non-profit <br />organizations and County agencies, will undertake numerous programs and activities to meet the five identified <br />priorities of the Consolidated Plan and Annual Action Plan during fiscal year 2021-2022. The timeline for completion <br />of these projects and programs and use of funds is June 30, 2022. <br />1 <br />503 <br />