In a recent government meeting, officials outlined the key components of the Fiscal Year 2024-2025 Annual Action Plan, set to be implemented from October 1, 2023, through September 30, 2024. This plan marks the fourth year of a five-year consolidated planning process, with the current year successfully meeting all established goals and objectives.
The administration reported compliance with the U.S. Department of Housing and Urban Development's (HUD) expenditure timeliness ratio, ensuring that the city is not at risk of losing allocated funding. The strategies outlined in the new plan align with the overarching goals of the five-year strategic plan, focusing on critical areas such as homelessness prevention, affordable housing, and support services for low to moderate-income individuals.
Key initiatives include the continuation of efforts to provide and preserve affordable housing, enhance public service programs, and promote economic development opportunities for vulnerable populations. The plan also emphasizes the importance of fair housing and equal opportunity for all city residents.
Public notification of the meeting was disseminated through local media, inviting community members to express their views on the proposed plan. The administration is seeking approval for the annual action plan and resolution, which will be submitted to HUD for final approval by August 15.