4.17 16-1287 Subject: 2017/18 Annual Action Plan For Entitlement Formula Grants From: Housing And Community Development Department Recommendation: Adopt A Resolution 1) Authorizing the City Administrator to Prepare and Submit to the U.S. Department of Housing and­ Urban Development, the Consolidated Plan Annual Action Plan for Fiscal Year 2017-2018; 2) Accepting and Appropriating Funds Totaling Approximately $12,229,282 for the Community Development Block Grant, HOME Investment Partnerships , Emergency Solutions Grant, and the Housing Opportunities for Persons with AIDS Programs for FY 2017-2018; 3) Authorizing the City Administrator to Negotiate and Execute Community Development Block Grant Agreements For Fiscal Years 2017/18 and 2018/19 With Second Year Of Funding Contingent Upon Level Of Funding Awarded To The City Under The 2018/19 Community Development Block Grant; 4) Appropriating $1,200,000 in Revolving Fund Program Income As Leverage Funding For CDBG and Any Amounts In Excess Thereof for Housing Rehabilitation Programs; and 5) Authorizing The Reprogramming of $209,750 In Community Development Block Grant Program Savings And Carry-forward Funds For 2017/18 Projects; On The July 11, 2017 Community And Economic Development Committee Agenda And The July 18, 2017 City Council Agenda As A Public Hearing