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8.B. - Page 7 <br /> , a(/'-621A,-\\ CITY OF REDWOOD CITY <br /> Redwood EXECUTIVE SUMMARY <br /> 0'IvIIIU <br /> U IuuGunCaPIIHH1 IlIY <br /> ANNUAL ACTION PLAN FY2014-2015 <br /> CONSOLIDATED PLAN OBJECTIVES, PRIORITIES & PROPOSED USE OF FUNDS <br /> The City of Redwood City's 2014-2015 Annual Action Plan demonstrates a relationship between the 2010-2015 <br /> Consolidated Plan priorities and activities recommended for funding during the fifth and final year of the five year <br /> Plan. The major theme of the Consolidated Plan is "housing production and basic human needs". The proposed <br /> activities to be undertaken with CDBG and HOME funds reflect the City's strategy to target funds to programs that <br /> integrate a continuum of activities ranging from homeless assistance to economic development and the <br /> preservation and production of affordable housing. The target group to be assisted is households with incomes at <br /> 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 /> Funding recommendations for CDBG were based on statutory allowances of 20%for Administration, Planning and <br /> Fair Housing, 15%for Public Services, and targeted 10%for Non-Housing Community Development and Economic <br /> Development, and 50% for Affordable Housing activities. Funding recommendations for HOME were based on the <br /> statutory allowance of 10% for Administration, 15% set-aside for use by a Community Housing Development <br /> Organization (CHDO), and 75%for Affordable Housing activities.The City of Redwood City, in partnership with non- <br /> profit organizations and County agencies, will undertake numerous programs and activities to meet the five <br /> identified priorities of the Consolidated Plan and Annual Action Plan during fiscal year 2014-2015. The timeline for <br /> completion of these projects and programs and use of funds is June 30, 2015. <br /> • UNDIN • COM END TIO BY PR +RIT <br /> PRIORIT # 1: AFFORDAB'1�®4 OUSI��t �®• <br /> Objectives <br /> AH-1 Increase the supply of affordable housing. <br /> AH-2 Preserve existing affordable housing. <br /> AH-3 Improve the condition of existing housing(renter and owner). <br /> Objectives-Special Needs Housing <br /> SNH-1 Improve housing accessibility and safety(existing and new housing). <br /> SNH-2 Improve the access special needs populations have to services. <br /> SNH-3 Increase the supply of affordable housing available to special needs groups. <br /> SNH-4 Preserve existing special needs housing. <br /> SNH-5 Increase the supply of permanent supportive housing. <br /> SNH-6 Reduce overcrowding, especially among large(5 or more persons)lower income households. <br />