Item 27 - Fiscal Year 2023-24 Annual Action Plan and Budgets for CDBG, HOME, and

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FY 2023-24 Annual Action Plan and Budgets for CDBG, HOME, and ESG Programs May 2, 2023 Page 6 3 4 1 1 Delhi Center/Public Law Center - Family Economic Success Initiative Program $58,298 Delhi Center - Teens Engaged in Learning and Leadership Program $36,120 Girl’s Inc. of Orange County – Literacy Lab $27,090 Human Options – Assisting Domestic Violence Victims $27,090 Lutheran Social Services of So. Cal. – Victims intervention Program $27,090 Moms OC – Health Services to Pregnant Moms $36,120 Nati's House (dba Neutral Ground) - Gang Prevention $45,150 Nati's House (dba Neutral Ground) – Summer Night Lights $27,090 OC Children's Therapeutic Arts Center – WILLARD Neighborhood Crime Prevention and Intervention $53,783 Public Law Center - Affordable Housing & Homelessness Prevention $36,120 StandUP for Kids – On Campus Mentoring $27,090 Taller San Jose Hope Builders – Business Applications $36,120 The Cambodian Family – Plan Ahead Youth Program $45,150 WISEPlace – Services to unaccompanied homeless women $27,090 TOTAL $721,209 HOME Investment Partnerships Grant Program Budget The HOME Investment Partnerships (HOME) program provides funds for a wide range of housing-related activities including building, buying, and/or rehabilitating affordable housing for rent or homeownership, or providing direct tenant-based rental assistance to low-income residents. The program’s flexibility allows HOME funds to be used for grants, direct loans, loan guarantees or other forms of credit enhancements, or tenant- based rental assistance or security deposits. At least 15% of HOME funds must be set aside for specific activities to be undertaken by a special type of nonprofit called a Community Housing Development Organization (CHDO). A CHDO is a nonprofit, community-based organization that has staff with the capacity to develop affordable housing for the community it serves. In order to qualify for designation as a CHDO, the organization must meet certain requirements pertaining to their legal status, organizational structure, and capacity and experience. The City’s HOME allocation for FY 2023-24 is $1,605,667. The proposed Annual Action Plan for the HOME Program consists of the FY allocation, program income, and prior year HOME resources. The large carryover of prior year resources ($6,180,123) is due to the lengthy development process for affordable housing developments. While funds may be pre-committed for a project, they may not be committed until certain