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FY 2009-10 Consolidated Action Plan & 4 Apri120, 2009 <br />HLJD Section 108 Loan Application <br />Budget Authority <br />Budget authority is derived from Title I of the Housing and Community Development <br />Act of 1974 (24 CFR 570 et seq.). <br />Attarhments~ <br />A. FY 2009-10 HUD Annual Action Plan Summary: CDBG and HOME Funds (Table 1) <br />CONCLUSION <br />Staff recommends that the City Council hold a second public hearing and then adopt the <br />resolution approving the FY 200910 Annual Action Plan and authorizing the execution of all <br />related documents by the City Manager and submission of the Action Plan to the Alameda <br />County HOME Consortium and HUD. <br />Staff also recommends that the City Council adopt the resolution authorizing the City Manager <br />to submit a HUD Section 108 Loan Application to finance the new senior center construction <br />and execute documents to implement the application. <br />