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THE CITY OF 19(b) <br /> ° CITY COUNCIL AGENDA REPORT <br /> pLEASANTON. <br /> May 2, 2017 <br /> City Manager <br /> TITLE: APPROVE THE ANNUAL ACTION PLAN (FY 2017-18) FOR THE USE OF <br /> FEDERAL COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS <br /> SUMMARY <br /> Pleasanton will receive approximately $270,000 in federal CDBG funds for federal Fiscal <br /> Year 2017 (2017-18). At the May 2 meeting, staff is also recommending that the Council <br /> take action regarding the allocation of federal CDBG funds for FY 2017 as part of the <br /> allocation of Housing and Human Services Grant (HHSG) funding to local non-profit <br /> agencies. This report summarizes the Annual Action Plan that must be submitted to HUD <br /> in order for the City to receive its FY 2017 allocation of CDBG funds. The report makes a <br /> recommendation to approve this document. <br /> RECOMMENDATION <br /> Approve the Annual Action Plan for federal Fiscal Year 2017 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. As <br /> noted earlier, the City will receive an estimated $270,000 in CDBG funds for FY 2017 <br /> (2017-18). The final allocation from HUD is expected within the next several months and <br /> will be incorporated into the Action Plan. <br />