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8.B. - Page 11 <br /> PRIORITY# 5: ECONOMIC DEVELOPMENT <br /> Objectives <br /> ED-1 Increase and improve employment prospects for low-income persons. <br /> ED-2 Increase employment opportunities for low income persons. <br /> ED-3 Encourage small business growth. <br /> PROGRAMS AND ACTIVITIES <br /> Redwood City Entrepreneur Training Program, Renaissance Entrepreneurship Center, 1848 Bay Road, East Palo <br /> Alto, CA. These funds will be used to support a training program designed to equip low-income, un- and <br /> underemployed residents of Redwood City with the training,tools and resources they need to start their own small <br /> businesses, creating jobs for themselves and others. $50,000-CDBG <br /> TOTAL NON HOUSING COMMUNITY DEVELOPMENT - ECONOMIC DEVELOPMENT ACTIVITY FUNDING <br /> RECOMMENDATION $50,000 <br /> PLANNING & ADMINISTRATION ®®®®® <br /> Planning and Program Administration, City of Redwood City, 1017 Middlefield Road. These funds are used for <br /> CDBG and HOME entitlement grant administration and planning activities including general management, <br /> oversight and coordination; providing citizens with information about the CDBG and HOME programs; preparing <br /> budgets and schedules; preparing HUD required reports and documents; preparing community development plans <br /> (including the Consolidated Plan and Annual Action Plans); preparation and oversight of Environmental Reviews, <br /> and other HUD required plans and studies. $170,950—CDBG, $24,132—HOME <br /> TOTAL PLANNING AND ADMINISTRATION FUNDING RECOMMENDATION $195,082 <br /> 11lb <br />