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Reso 2022-087 HUD Annual Action Plan FY 22 23
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Reso 2022-087 HUD Annual Action Plan FY 22 23
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12/21/2023 11:23:31 AM
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6/23/2022 3:14:50 PM
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CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
6/21/2022
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\City Clerk\City Council\Agenda Packets\2022\Packet 06212022
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Expected Resources <br />AP-15 Expected Resources - 91.420(b), 91.220(c)(1,2) <br />Introduction <br />The amount of federal CDBG entitlement funding significantly decreased during the 2010-2015 <br />Consolidated Plan 5-Year planning period. In the 2015-2019 Consolidated 5-Year planning period, as of <br />the 2017 program year, there had been a 5% increase since the 2015 program year. When this analysis <br />is done over a 10-year period from the 2007 program year to the 2017 program year CDBG funds had <br />decreased overall by 13% (note that these amounts have not been adjusted for the current year dollar <br />value). For the HUD program years of 2021-2022 to 2022-2023, there was a year -over -year decrease of <br />just over 2%. <br />The Consolidated Plan must identify federal, state and local resources expected to be available to the <br />City of San Leandro to address priority needs and specific objectives identified in the Strategic Plan. In FY <br />2022-2023 the City of San Leandro will $747,498. The estimate for the City's HOME allocation for the <br />same period is $245,827. Additionally, there will be a carry-over of approximately $331,319 of prior year <br />funding that will result in approximately $580,000 in available HOME Investment Partnership funding. <br />Annual Action Plan <br />2022 <br />13 <br />OMB Control No: 2506-0117 (exp. 09/30/2021) <br />
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