Resolution No. AR 2007-234a resolution adopting the 2008-2012 Housing and Community Development Consolidated Plan and 2008 Annual Action Plan of the Municipality of Anchorage, which constitutes the application to the U.S. Department of Housing and Urban Development (HUD) for the Community Development Block Grant (CDBG), the HOME Investment Partnerships Program (HOME), the American Dream Downpayment Initiative (ADDI) and the Emergency Shelter Grant (ESG). This resolution seeks to appropriate the annual entitlement grants from HUD, program income, and recaptured funds in the amount of $1,936,826 of 2008 CDBG entitlement, $50,000 of anticipated CDBG program income/recaptured funds, $1,003,185 of 2008 HOME Entitlement, $25,488 of 2008 ADDI Entitlement, and $83,752 of 2008 ESG Entitlement, and to appropriate said funds to the Federal Categorical Grants Fund (241).