Title
Subject: 2008-2009 Consolidated Plan Amendment
From: Community and Economic Development Agency
Recommendation: Conduct A Public Hearing And Upon Conclusion Adopt A Resolution 1) Adopting A Substantial Amendment To The Consolidated Plan Annual Action Plan For Housing And Community Development For Fiscal Year 2008-2009; 2) Authorizing The City Administrator To Submit The Amendment To The U.S. Department Of Housing And Urban Development; 3) Authorizing The City Administrator To Accept And Appropriate Funds Totaling $8,250,668 To The HUD-CDBG Fund To Develop And Administer The Neighborhood Stabilization Program; 4) Authorizing The Community And Economic Development Agency To Issue A Request For Proposal/Qualifications For The Neighborhood Stabilization Program; And 5) Authorizing The Reallocation Of Funds From The Existing Neighborhood Housing Revitalization Program As Needed For The Neighborhood Stabilization Program