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Consolidated Plan Annual Update <br />May 5, 2008 <br />Page 2 <br />Program Allocation Program Allocation <br />CDBG $6,818,885 ESG $304,972 <br />HOME $2,367,607 HOPWA $1,402,000 <br />ADDI $12,648 <br />Every five years the City must submit to HUD its Consolidated Plan. This <br />is a five-year comprehensive planning document and application for all of <br />these programs. It describes a strategy to meet the needs of the <br />community and identifies resources and programs that can be used to <br />address them. Each year the City is required to submit an Annual Update <br />to the Consolidated Plan. This document establishes a one-year <br />investment plan that outlines the intended use of resources in the <br />forthcoming fiscal year. The proposed Annual Update (Exhibit 1) covers <br />the 2008-09 fiscal year. It 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. <br />HUD regulations require that the draft Annual Update be made available <br />for a 30-day public review and comment period. On March 14, 2008, <br />notification was published in the Orange County Register that the draft <br />plan was available for review beginning March 15, 2008, and that the <br />public hearing would be held on April 15, 2008. It was also noticed in <br />the La Opinion and the Nguoi Viet as well as on the City's website. The <br />30-day public comment period concludes on April 14, 2008. In accordance <br />with Federal regulations, all neighboring jurisdictions were also <br />informed of the draft's availability for review. All comments received, <br />including all funding recommendations made by the City Council on May 5, <br />2008, have been included in the final document, which is due to HUD no <br />later than May 15, 2008. <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. <br />~~~ <br />Step en G. Ha ding <br />Deputy City Manager for Development Services <br />Community Development Agency <br />SGH/SLB/TG/mlr <br />050508 ConPlanAnnualUpdate <br />19E-2 <br />