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Item 27 - Fiscal Year 2023-24 Annual Action Plan and Budgets for CDBG, HOME, and
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Item 27 - Fiscal Year 2023-24 Annual Action Plan and Budgets for CDBG, HOME, and
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8/10/2023 4:43:48 PM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
27
Date
5/2/2023
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<br /> Annual Action Plan <br />2023 <br />39 <br />OMB Control No: 2506-0117 (exp. 09/30/2021) <br /> <br />Expected Resources <br />AP-15 Expected Resources – 91.220(c)(1,2) <br />Introduction <br />HUD has not yet announced the FY2023 allocations and the budgets listed in this Annual Action Plan are estimates based on the FY2022 <br />allocation. The City of Santa Ana will proportionally adjust each project allocation in accordance with the final allocation announcements from <br />HUD. <br /> The City of Santa Ana anticipates that it will continue to receive CDBG, HOME, and ESG funding during the duration of this Consolidated Plan <br />cycle. When accounting for program income and prior year resources, the City will receive the following funding for its strategic goals and <br />priorities: <br /> CDBG: $4,808,057 <br /> HOME: $1,605,667 <br /> ESG: $ 447,249 <br />All proposed activities’ budgets will be proportionally increased or decreased from the estimated funding levels to match act ual allocation <br />mounts. <br /> In April 2021, HUD approved and processed the City’s HOME Admin waiver request for FY 2019 and FY 2020 to increase the admin allocation <br />from 10% to 15%. Those amounts are included in the HOME Prior Year Resources of this Action Plan. <br />On February 28, 2023 HUD released he FY22 CPD program formula for the CDBG, HOME, and ESG programs. The allocations reflect a nearly 4.5% <br />cut to CDBG in FY23, increased funding for HOME, level funding for ESG program. The City’s actual allocations are as follows: CDBG – $4,808,057 <br />EXHIBIT 1
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