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<br />Consolidated Plan Annual Update <br />May 1, 2006 <br />Page 2 <br /> <br />must be submitted to HUD, which describes a strategy to meet the needs of <br />the community and identifies resources and programs that can be used to <br />address them. The annual plan establishes a one-year investment plan <br />that outlines the intended use of resources in fiscal year 2006-2007. <br />The proposed Consolidated Plan reaffirms the established policy of <br />allocating funding in neighborhoods where programs and resources would <br />have a maximum impact. In addition, key programs will continue to be <br />operated throughout the City in order to better serve the diverse needs <br />in the community. HUD regulations require that the Consolidated Plan be <br />available for a 30-day public review period prior to being finalized to <br />provide the residents of each jurisdiction the opportunity to offer <br />comments. On March 19, 2006, and April 2, 2006, notification was <br />published that the draft plan was available for review beginning March <br />20, 2006, and that the public hearing would be held on April 18, 2006. <br />On April 18, 2006, the Community Redevelopment and Housing Commission <br />held a public hearing to receive comments on the draft plan. This <br />concluded the 30-day public comment period. All comments received at the <br />April 18, 2006, Public Hearing have been incorporated in the final <br />document, which is due to HUD no later than May 15, 2006. <br /> <br />FISCAL IMPACT <br /> <br />There is no fiscal impact associated with this action. <br /> <br /> <br />{)k!c:~ <br /> <br />Patricia C. Whitaker <br />Executive Director <br />Community Development Agency <br /> <br />PCW/SL-B/mlr <br /> <br />H:\ACTIONS\2006 CC\ConPlanAnnUpdate - 5-1-06.doc <br /> <br />190-2 <br />