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2016 -2016 Annual Action Plan- Substantial Amendment <br />January 19, 2016 <br />Page 2 <br />space, digital and media lab, music room, performing arts room, and activity programs, This <br />promotes the City's goal of providing long -term affordable housing and meeting the affordable <br />housing goals as identified in the City's Strategic Plan, Housing Element and Consolidated Five - <br />Year Plan. In addition, this substantial amendment for HOME funds may Include future rental <br />housing projects as they are approved by City Council. <br />Park Improvement Projects <br />The 6th and Lacy Street Open Space project will utilize CDBG funds in the amount of $900,000 <br />for the acquisition of 0.42 acres of new open space. The Rant and Myrtle Street Open Space <br />project will utilize $843,000 for the acquisition of 1,09 acres of open space (Exhibit 2). On <br />November 17, 2015 City Council directed staff to move forward with the administrative process <br />required to acquire real properties to provide for new open space using CDBG funds. These <br />projects would add an additional 1,51 acres of park space to low and moderate - income areas of <br />Santa Ana. This promotes the City's goals of providing Increased open space In the City's <br />Strategic Plan and public facilities /Infrastructure improvements in the City's Consolidated Five - <br />Year Plan, <br />The rental housing and park improvement projects described above were not previously identified <br />In the 2015 -2016 Annual Action Plan, and a Substantial Amendment to the Plan (Exhibit 3) is <br />needed to reallocate and recognize funding for these projects. Legal notice for this CDBG and <br />HOME substantial amendment was published in the Orange County Register, La Opinion, and <br />Nguoi Viet News on December 14, 2015. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #5, (Community Health, Livability, <br />Engagement and Sustalnability). <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action, <br />K <br />K Ily R�en ers <br />Executive I rector <br />Community Development Agency <br />:1311 » ►UMi <br />Exhibits; 1. 1666 N. Main Street Location Map <br />2. 6th /Lacy Street and Raitt /Myrtle Street Open Space Location Maps <br />3. 2015 -2016 Annual Action Plan Substantial Amendment Draft <br />29A -2 <br />