Title
Public Hearing to Consider Adoption of the Community Development Block Grant (CDBG) Fiscal Year (FY) 2015-20 Five-Year Strategic Plan and the FY 2015-16 Action Plan, and Authorize the City Manager to Negotiate and Execute Related Documents, Agreements, and Modifications. (Housing 235 and 236)
Body
To: Honorable Mayor and Members of the City Council
From: Elizabeth D. Warmerdam, Interim City Manager
Re: Public Hearing to Consider Adoption of the Community Development Block Grant FY 2015-20 Five-Year Strategic Plan and the FY 2015-16 Action Plan, and Authorize the City Manager to Negotiate and Execute Related Documents, Agreements, and Modifications
BACKGROUND
The City of Alameda is the recipient of Community Development Block Grant (CDBG) funds from the Federal Department of Housing and Urban Development (HUD). These funds are used to finance programs and activities that benefit low- and moderate-income persons and to help prevent or eliminate slums and blight. As a condition of funding, the City is required to prepare a Five-Year Strategic Plan and an Annual Action Plan. A new five year cycle will begin in FY 2015-2016.
The FY 2015-20 Five-Year Strategic Plan (Strategic Plan) sets forth broad policy goals and the City's plan for addressing the identified priority needs, primarily through the use of CDBG and HOME funds. The priority need categories are defined by HUD. Specific objectives for the coming year are addressed in the FY 15-16 Action Plan (Action Plan) covering the period of July 1, 2015 through June 30, 2016.
The Action Plan will allocate $1,039,953 in CDBG Entitlement Funds, $137,230 in HOME funds, and an estimated $150,000 in CDBG Program Income, for a total of $1,327,183. Both the Strategic and Action Plans must be approved by the City Council and submitted to HUD by May 15, 2015. In preparing its 2015-2020 Strategic Plan, the City consulted with community-based service providers, residents, and City departments a...
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