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2010/11 - 2014 -15 CITY OF SANTA ANA CONSOLIDATED PLAN I 2011/12 <br />ACTION PLAN <br />facilitate accurate reporting in IDIS. This information has been utilized to complete data <br />found in EXHIBIT 2. <br />PROGRAM SPECIFIC REQUIREMENTS <br />HUD requires that the City discuss how certain program specific requirements will be <br />addressed during the program year. Actions to address these program specific <br />requirements are outlined below. <br />COMMUNITY DEVELOPMENT BLOCK GRANT <br />The City of Santa Ana will expend CDBG funds on eligible activities to address priority <br />housing and community needs. It is anticipated that 100 percent of CDBG funded activities <br />will benefit Low- and Moderate - Income households (that is, no CDBG funds will be spent on <br />activities that do not benefit a minimum of 51 percent Low- and Moderate - Income <br />households). These activities are described in detail in EXHIBIT 3. The City anticipates it will <br />receive program income during the 2011 -2012 Program Year. As required by HUD <br />regulations, these resources will be utilized during the program year. <br />The City did not have any grant funds returned to its line of credit, nor will it undertake <br />float- funded activities (thus it will not realize any program income from float- funded <br />activities). Finally, the City does not anticipate undertaking urgent need activities during the <br />2011 -2012 Program Year. <br />HOME <br />The City of Santa Ana HOME program for the 2011 -2012 Program Year is designed to <br />undertake eligible activities to preserve existing affordable housing, expand the supply of <br />decent and affordable housing, and strengthen public - private partnerships. All HOME <br />assisted units will have appropriate covenants and written agreements in accordance with <br />HUD regulations. <br />Federal regulations require that if HOME funds are used to refinance existing debt secured <br />by multi - family housing, the City must ensure that its rehabilitation program guidelines <br />comply with section 92.206(b) of the HOME Program regulations. Even though no such <br />project is contemplated for the 2011 -2012 fiscal year, HUD requires that the City outline <br />certain program provisions in the Action Plan; therefore, should a multi - family housing <br />04/21/2011 35 2010 -2011 ANNUAL ACTION PLAN <br />Exhibit 1 <br />