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THE CITY OF _ 2 b <br /> i r m_ t CITY COUNCIL AGENDA REPORT I <br /> PL£ASANTOM <br /> • May 6, 2014 <br /> Assistant City Manager <br /> TITLE: APPROVE THE ANNUAL ACTION PLAN (FY 2014-15) FOR THE USE OF <br /> FEDERAL COMMUNITY DEVELOPMENT BLOCK GRANT(CDBG) FUNDS <br /> SUMMARY <br /> Pleasanton will receive $266,266 in federal CDBG funds for federal Fiscal Year 2014 <br /> (2014/15). At the May 6 meeting, the Council is also expected to take action regarding <br /> the allocation of federal CDBG funds for FY 2014 as part of the allocation of Housing <br /> and Human Services Grant (HHSG) funding to local non-profit agencies. This report <br /> summarizes the Annual Action Plan that must be submitted to HUD in order for the City <br /> to receive its FY 2014 allocation of CDBG funds. The report makes a recommendation <br /> to approve this document. <br /> RECOMMENDATION <br /> Approve the.Annual Action Plan for federal Fiscal Year 2014 and direct staff to submit to <br /> HUD by the applicable deadline. <br /> FINANCIAL STATEMENT <br /> The approval of the annual Action Plan will not have a direct fiscal impact on the City. <br /> As noted earlier, the City will receive $266,266 in CDBG funds for FY 2014 (2014/15). <br />