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St. Lucie County HOME Consortium INTRODUCTION Background and Purpose Title I of the National Affordable Housing Act established the requirement that states and local governments applying for direct assistance under certain U.S. Department of Housing and Urban Development (HUD) programs have their Consolidated Pian approved by HUD. Federal law requires each local jurisdiction to describe its plan for providing decent housing and a suitable living environment principally for low- and moderate -income persons. The jurisdiction must set out a three to fivezYear strategy that establishes priorities, identifies resources available to meet goals .and objectives, and establishes a one-year Action Plan. Consolidated Plan Period The St. Lucie County HOME Consortium will*submit a five-year Consolidated Plan to HUD In August 2012, which will cover fiscal years beginning October -1, 2012 through September 30, 2017. The initial One Year Action Plan into be submitted on August 15, 2012. Annual updates to the One Year Action Plan will be submitted by August 15"' of each year thereafter. Function of the Consolidated Plan The Consolidated Plan Is the document submitted, to the -U,S, Department of Housing and Urban Development (HUD) that serves as the,comprehensive assessment of the jurisdictions' needs: and identifies resources available to meet those needs. The Consolidated Plan Is.. - 1. s:1. A planning document for the St. Wde County HOME Consortium which builds on a participatory process at the lowest levels; 2. An:-,applipation for federal -funds under the HUD formula grant programs; 3. A data driven dodiment that details community needs and offers measurable solutions; arid - 4. An action plan thot ider6fies activities undertaken by the jurisdiction annually to meet Its needs`and determines their effectiveness. The Consolidated Plan indudes the application requirements for the following programs: • The HOME. Investment Partnerships (HOME) program • American Dream Initiative Partnership program It also Includes other federal, state, local and private resources that will be used for housing and community development needs. Consolidated Plan Strategies The Housing, Homeless, HN/AIDS Housing and Special Needs Assessments, and the Housing Market Analysis describe the housing needs of extremely low-, low-, and moderate -Income families, the homeless, and individuals with special needs, as well as characteristics of the three county's housing market. The Strategic Plan outlines priorities for the five-year planning period. The Action Plan allocates resources for each Individual year. The St. Luce County Housing Division prepared this submission Five Year ConsolidWed Plan 2012-2017 P230