Agda Pkt 2025.06.09 Joint SA PFA

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Community Development Block Grant (CDBG), HOME & Other Funding The City administers various federal and local grant programs to support affordable housing development and preservation. Community Development Block Grant (CDBG) and Home Investment Partnership (HOME) The City of Redwood City receives annual entitlements (grant funds) of Community Development Block Grant (CDBG) and Home Investment Partnership Program (HOME) from the United States Department of Housing and Urban Development (HUD). The CDBG program provides resources to address a wide range of community development needs principally for low-income households. CDBG is used to produce and/or preserve decent affordable housing, to provide services to the most vulnerable in our community, and to create jobs through the expansion and retention of businesses. The HOME program is designed exclusively to create affordable housing for low-income households. It provides resources to that are used to fund a wide range of activities including building, buying, and/or rehabilitating affordable housing for rent or home-ownership assistance to low-income people. CITY OF REDWOOD CITYNOTICE AND INVITATION FOR PUBLIC COMMENT ON THE2025 ACTION PLAN OF THE 2023-2027 CONSOLIDATED PLAN The Annual Action Plan (Action Plan) is a federal prerequisite for receiving Community Development Block Grant (CDBG) and HOME Investment Partnership (HOME) entitlement funds from the U.S. Department of Housing and Urban Development (HUD). The Action Plan is one of three components of a Five-Year Consolidated Plan (Con Plan): 1) a community profile and market needs analysis that describes the needs of the community’s low income and 4/7/25, 9:27 AM Community Development Block Grant (CDBG), HOME & Other Funding | City of Redwood City https://www.redwoodcity.org/departments/city-manager/housing-services/community-development-block-grant-cdbg-home-other-funding 1/4 7.A. - Page 128 of 189 332