Laserfiche WebLink
1 <br />CITY OF REDWOOD CITY <br />EXECUTIVE SUMMARY <br />PROGRAM YEAR 2025 ANNUAL ACTION PLAN <br />CONSOLIDATED PLAN OBJECTIVES, PRIORITIES & PROPOSED USE OF FUNDS <br />The City of Redwood City’s Program Year (PY) 2025 Annual Action Plan demonstrates a relationship between the <br />2023-2027 Consolidated Plan priorities, and the activities recommended for funding during the first year of the five- <br />year Plan. The major theme of the Consolidated Plan is “housing production, supporting persons experiencing <br />homelessness, and basic human needs”. The proposed activities to be undertaken with Community Development <br />Block Grant (CDBG) and HOME Investment Partnership (HOME) funds reflect the City’s strategy to target funds to <br />programs that integrate a continuum of activities ranging from homeless assistance to economic development and <br />the preservation and production of affordable housing. The target group to be assisted is households with incomes <br />at or below 80% of the area median income for San Mateo County. All activities proposed for funding meet one or <br />more of the City’s Consolidated Plan priorities. The City has identified a number of programs that will be delivered <br />under each priority. <br />Redwood City will receive a CDBG allocation of $654,563 and a HOME allocation of $234,678 for PY 2025. In addition <br />to the new funding allocations, Redwood City will have an estimated $15,000 in CDBG program income $206,682 in <br />unspent prior year CDBG funds, and $508,861 in unspent prior year HOME funds.. The City, in partnership with non- <br />profit organizations and County agencies, will undertake numerous programs and activities to meet the six identified <br />priorities of the Consolidated Plan and Annual Action Plan. The timeline for completion of these projects and <br />programs and use of funds is July 1, 2025 to June 30, 2026. <br />7.A. - Page 181 of 189 <br />385