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Program Source Uses of Funds Expected Amount Available Year 1 <br />of Funds Annual Program Prior Year Total <br />Allocation: Income: Resources: $ <br />HOME public - Acquisition <br />federal Homebuyer <br />assistance <br />Homeowner <br />rehab <br />Multifamily <br />rental new <br />construction <br />Multifamily <br />rental rehab <br />New <br />construction for <br />ownership <br />TBRA <br />Other public - <br />local <br />Public Sery <br />211.684 5.000 <br />0 216.684 <br />34,800 <br />Table 50 - Anticipated Resources <br />Expected Narrative Description <br />Amount <br />Available <br />Reminder <br />of ConPlan <br />Expect and estimated $200,000 of <br />HOME program funds for years 2 <br />through 3 of the Con Plan plus an <br />average of $5,000 of program income <br />for years 2-3 of the Con Plan. <br />410,000 <br />The City committed $34,800 of its <br />general funds for public services for <br />FY2015 and recently approved a <br />program to set up an endowment to <br />provide up to $100,000 per year to <br />200,000 support public services for 11 years. <br />Explain how federal funds will leverage those additional resources (private, state and local funds), including a description of how <br />matching requirements will be satisfied <br />Consolidated Plan <br />OMB Control No: 2506-0117 (exp. 07/31/2015) <br />REDWOOD CITY <br />104 <br />