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3-5 Year Strategic Plan This document includes Narrative Responses to specific questions that grantees of the Community Development Block Grant, HOME Investment Partnership, Housing Opportunities
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A 3-5 year strategic plan is a long-term plan that outlines the goals, objectives, and strategies of an organization for a period of 3 to 5 years.
There is no specific requirement for filing a 3-5 year strategic plan. However, it is commonly used by businesses, government agencies, and non-profit organizations to guide their actions and make informed decisions.
Filling out a 3-5 year strategic plan involves assessing the current state of the organization, defining goals and objectives, identifying strategies to achieve them, and creating an action plan with measurable targets and timelines.
The purpose of a 3-5 year strategic plan is to provide a roadmap for an organization's future, align its actions with its long-term goals, and guide decision-making and resource allocation.
The information to be included in a 3-5 year strategic plan may vary depending on the organization, but typically it includes an executive summary, mission and vision statements, goals and objectives, market analysis, competitive assessment, financial projections, and implementation strategies.
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