29A - CON PLAN ANNUAL UPDATE - Laserfiche WebLink

Home Browse Search

Consolidated Plan Annual Plan May 6, 2014 Page 2 Program Allocation CDBG - s $5,560,186 HOME $1,191,686 ESG $461,626 Every five years, the City must submit to HUD its Consolidated Plan. This is a five -year comprehensive planning document and application for all of these programs. It describes a strategy to meet the needs of the community and identifies resources and programs that can be used to address them. In May of 2010, the Five Year Plan for the period of July 1, 2010 to June 30, 2015 was submitted to HUD. As part of this on -going process, the City is required to submit an Annual Update to the Consolidated Plan. This document establishes a one -year investment plan that outlines the intended use of resources in the forthcoming fiscal year. The proposed Annual Update covers the 2014 -15 fiscal year. It reaffirms the established policy of allocating funding in neighborhoods where programs and resources would have a maximum impact. HUD regulations require that the draft Annual Update be made available for a 30 -day public review and comment period. On March 16, 2014, notification was published in the Orange County Register that the draft plan was available for review beginning March 16, 2014, and that the public hearing would be held on April 16, 2014. It was also noticed in La Opinion and Nguoi Viet as well as on the City's website. The 30 -day public comment period concluded on April 16, 2014. In accordance with federal regulations, all neighboring jurisdictions were also informed of the draft's availability for review. All comments received, including all funding recommendations made by the City Council on May 6, 2014, will be included in the final document, which is due to HUD no later than May 15, 2014. FISCAL IMPACT There is no fiscal impact associated with this action. Shelly La ry -Bayle Housing onager Community Development Agency SLB/TE /kg Exhibit: 1, Draft Consolidated Plan Annual Update FY 14 -15 29A -2