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Item 27 - Fiscal Year 2023-24 Annual Action Plan and Budgets for CDBG, HOME, and
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Item 27 - Fiscal Year 2023-24 Annual Action Plan and Budgets for CDBG, HOME, and
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8/10/2023 4:43:48 PM
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8/10/2023 1:55:27 PM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
27
Date
5/2/2023
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<br /> Annual Action Plan <br />2023 <br />43 <br />OMB Control No: 2506-0117 (exp. 09/30/2021) <br />The City administration recognizes that the City's annual entitlement and formula allocations are not sufficient to meet all of its needs, and that <br />leveraging resources is critical to achieving the City's goals. The City continues to cultivate funding partners who can match the City's investment <br />of CDBG, HOME, and ESG funds. The need remains great, and additional funds are sought to ensure that more affordable housing and important <br />programs and activities are available for those in need. To that end the City seeks funds from the State and grants from other entities, both <br />public and private. <br />Matching requirements have been satisfied with other eligible financial resources and/or in-kind services, and the City will continue to seek this <br />type of matching as well as financial matches. <br />EXHIBIT 1
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