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Annual Action Plan <br /> <br />46 <br />OMB Control No: 2506-0117 (exp. 09/30/2021) <br /> <br /> <br />Describe the reasons for allocation priorities and any obstacles to addressing underserved <br />needs <br />Of the total CDBG funding available ($876,245) and as identified in the Anticipated Resources <br />table, Redwood City allocated 64.1 percent for affordable housing activities, 3.5 percent for <br />improving Public Facilities, 10.5 percent for public services, 5.8 percent for economic <br />development, and 16.1 percent for administration, planning and fair housing. <br />For fair housing ($15,000) and CDBG administration ($118,912), the City allocated a total of <br />$133,912, which is equal to 20% of the PY 2025 CDBG allocation and the PY 2025 estimated <br />program income, as required by the 20% CDBG administration expenditure cap. <br />Additionally, the City allocated $90,036 in CDBG funds for public services. This amount is slightly <br />under the public service spending caps of 15% of the PY 2025 CDBG allocation. The City works <br />on a two-year cycle for funding public service activities. One of the public service projects <br />funded in PY2024 did not want the 2nd year of funding for its activities. <br />Of the total HOME funding available ($743,540) and as identified in the Available Resources <br />Table, 92 percent is set aside for an affordable rental housing activity project, 5 percent is set- <br />aside for use by a Community Housing Development Organization (CHDO) and 3 percent is for <br />administration. <br />The City, in partnership with non-profit organizations and county agencies, will undertake <br />numerous programs and activities to meet the five identified priorities of the Consolidated Plan <br />and Annual Action Plan during program year 2025 (2025-2026). The timeline for the completion <br />of most of these projects and programs is June 30, 2026. <br /> <br /> <br /> <br />7.A. - Page 54 of 189 <br />258