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19D - CONSOLIDATED PLAN
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19D - CONSOLIDATED PLAN
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Last modified
1/3/2012 4:46:51 PM
Creation date
4/26/2006 9:30:54 AM
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City Clerk
Doc Type
Agenda Packet
Item #
19D
Date
5/1/2006
Destruction Year
2011
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<br />CfTY OF SANTA ANA <br />2006-2007 ANNUAL ACTION PLAN <br /> <br />OTHER NON-FEDERAL PUBUC AND PRIVATE RESOURCES <br />As part of the Action Plan, federal regulations require the City of Santa Ana to <br />delineate non-federal and private resources expected to be available to address the <br />priority needs and specific objectives identified in the Strategic Plan. Table 2 <br />provides information regarding non-federal and private resources expected to be <br />available during the 2006-2007 Program Year. <br /> <br />TABLE 2 - FY 2006-2007 NON-FEDERAL PUBLIC & PRIVATE RESOURCES <br /> <br />RESOURCES ANTICIPATED AMOUNT <br /> <br />Mortgage Credit Certificate (MCC) 1 <br /> <br />Santa Ana Redevelopment Agency Low Income <br />Housing Set-Aside Fund <br /> <br />CalHome <br /> <br />$0 <br /> <br />Ryan White Title I (HIV/AIDS funding) <br /> <br />$6,000,000 <br />$500,000 <br />$4,858,600 <br /> <br />TOTAL <br /> <br />$11,358,600 <br /> <br />Source: City of Santa Ana Community Development Agency <br /> <br />1. City will participate in the MCC program; however, resources are used on a first-come first-SeiVed <br />basis so it is djfficult to estimate actual amount Santa Ana residents may access. <br /> <br />LEVERAGING OF RESOURCES <br />HUD requires the City to discuss how federal resources to be made available during <br />the 2006-2007 Program Year will leverage other non-federal public and private <br />resources. The City of Santa Ana will continue its strategy of linking non-federal <br />resources for housing and community development needs with federal grant funds. <br />This strategy involves identifying federal resources that may be available to <br />undertake a project. If grant funds are insufficient other non-federal resources will <br />be utilized to meet project finance gaps. Additionally, the l;ity will continue to <br />commit non-federal resources to undertake activities that are not federally funded, <br />but address the priority needs of the community. Recent revisions to HUD's IDIS <br />system will help facilitate more accurate reporting of leveraging resources. <br /> <br />4/20/06 <br /> <br />12 <br />190-17 <br />
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