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Executive Summary AP-05 Executive Summary- 91.200(c), 91.220(b) 1. Introduction The Annual Action Plan includes a listing of projects and activities to be funded with CDBG funds during FY 2023/24 as well as an annual assessment of the City's progress toward meeting its goals for housing and community development. Pleasanton has been allocated $380,348 in federal CDBG funds for federal Fiscal Year 2023. The City will also allocate$354,348 in local Lower Income Housing Funds and $252,607 in local General Funds to supplement funding for several housing projects and services which sought funds under the CDBG program funding allocation process. In order to implement its Housing and Community Development Strategic Plan during the next fiscal year,the City of Pleasanton will allocate CDBG funds to non-profit agencies serving low income persons for the implementation of the FY 2023/24 Housing and Human Services Grants Program (see Table A on next page)which will fund 28 different programs and projects. $24,282 in CDBG funds will be allocated to the City's annual Section 108 Loan Repayment in accordance with HUD's 20-year repayment plan. $250,000 in CDBG funds will go toward a capital improvement project(Tri-Valley Haven Emergency Shelter Rebuild). $57,052 in CDBG funds will fund two public service programs providing meals to low income seniors (Open Heart Kitchen Senior Meals Program and Spectrum Community Services Meals on Wheels Program). All FY 2023/24 activities are targeted to serve eligible households which reside within the City of Pleasanton,although several projects are located in the adjacent cities of Livermore and Dublin but serve Pleasanton residents. 2. Summarize the objectives and outcomes identified in the Plan This could be a restatement of items or a table listed elsewhere in the plan or a reference to another location. It may also contain any essential items from the housing and homeless needs assessment, the housing market analysis or the strategic plan. The Action Plan includes a detailed table that describes this year's priorities and objectives along with goals and objectives from the five-year Consolidated Plan for fiscal years 2020 through 2024(FY 2020-24 Consolidated Plan). DRAFT Annual Action Plan 2 2023 OMB Control No:2506-0117(exp.09/30/2021)