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Community Development Block Grant (CDBG), HOME & Other Funding <br />The City administers various federal and local grant programs to support affordable housing development and <br />preservation. <br />Community Development Block Grant (CDBG) and Home Investment Partnership <br />(HOME) <br />The City of Redwood City receives annual entitlements (grant funds) of Community Development Block Grant (CDBG) <br />and Home Investment Partnership Program (HOME) from the United States Department of Housing and Urban <br />Development (HUD). The CDBG program provides resources to address a wide range of community development <br />needs principally for low-income households. CDBG is used to produce and/or preserve decent affordable housing, to <br />provide services to the most vulnerable in our community, and to create jobs through the expansion and retention of <br />businesses. <br />The HOME program is designed exclusively to create affordable housing for low-income households. It provides <br />resources to that are used to fund a wide range of activities including building, buying, and/or rehabilitating affordable <br />housing for rent or home-ownership assistance to low-income people. <br />NOTICE OF PUBLIC HEARING <br />HOUSING AND HUMAN CONCERNS COMMITTEE <br />2026 ACTION PLAN OF THE 2023-2027 CONSOLIDATED PLAN  <br />The Annual Action Plan (Action Plan) is a federal prerequisite for receiving Community Development Block Grant <br />(CDBG) entitlement funds from the U.S. Department of Housing and Urban Development (HUD). The Action Plan is <br />one of three components of a Five-Year Consolidated Plan (Con Plan): 1) a community profile and market needs <br />analysis that describes the needs of the community’s low income and minority residents; 2) a five-year strategic plan <br />3/18/26, 9:11 AM Community Development Block Grant (CDBG), HOME & Other Funding | City of Redwood City <br />https://www.redwoodcity.org/departments/city-manager/housing-services/community-development-block-grant-cdbg-home-other-funding 1/5 <br />ATTY/RESO.0019/CC RESO 2026 ANNUAL ACTION PLAN (CDBG) - EXHIBIT A <br />REV: 05-01-26 LF <br /> <br />Page 67 of 107