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2 <br />FINANCIAL IMPACT: <br />The Orange County HOME Consortium is scheduled to receive approximately $437,000 in federal <br />housing program funding. There is also available approximately $20,000 in program income for a <br />total of $457,000. The required total local government match is $98,328. Orange County's share <br />of the match is $41,297. <br />RECOMMENDATON(S): <br />The Manager recommends 1) adopting the resolution approving the 1999 Consolidated Plan Annual <br />Update; and 2) approving the proposed HOME Program activities for 1999-2000. <br /> <br />1 <br />