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AgdaPkt 2018-04-23 Joint SA PFA
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AgdaPkt 2018-04-23 Joint SA PFA
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Last modified
4/24/2018 11:37:04 AM
Creation date
4/19/2018 2:03:30 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
4/23/2018
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CDBG ENTITLEMENT Amount ($) <br />Human Services <br />Bay Area Legal Aid – Domestic Violence Legal 15,023 <br />CORA – Emergency Shelter for Domestic Violence 15,000 <br />HIP Housing – Home Sharing Program 15,000 <br />Ombudsman of San Mateo Co. – Ombudsman Services 15,000 <br />Rape Trauma Services – Sexual Abuse Services for Children 15,000 <br /> <br />Non-Housing Community Development <br />Renaissance – Entrepreneurship Program 27,500 <br /> <br />Housing – Minor Housing Rehab Programs <br />CIID – Housing Accessibility Modification Program 15,000 <br />Rebuilding Together Peninsula – Minor Home Repair 15,000 <br />Rebuilding Together Peninsula – National Rebuilding Day 20,000 <br /> <br />Housing – Capital Project <br />HIP Housing – Refinance (330-340 Redwood Ave) 275,000 <br /> <br />TOTAL ESTIMATED CDBG ENTITLEMENT 650,000 <br /> <br />* 20% statutory maximum of CDBG entitlement is allocated for grant administration, <br />planning and fair housing activities. These activities include staff salaries, <br />environmental reviews, planning, general management and implementation of grant <br />program. These grant funds reduce the impact on the City’s General Fund. <br /> <br /> <br />CDBG REVOLVING LOAN FUND (PROGRAM INCOME) <br />Home Improvement Program Support 75,000 <br />Single Family Rehab Loan Program 75,000 <br />Multifamily Rehab Loan Program 50,000 <br />TOTAL ESTIMATED CDBG REVOLVING LOAN FUND 200,000 <br /> <br />HOME ENTITLEMENT <br />HOME Administration 20,000 <br />Community Housing Development Organization Set-aside: <br /> HIP Housing (Refinance 330-340 Redwood Ave) <br />30,000 <br />Housing: HIP Housing (Refinance 330-340 Redwood Ave) 150,000 <br />TOTAL HOME ENTITLEMENT 200,000 <br /> <br />TOTAL 1,050,000 <br /> <br /> <br />7.A. - Page 4
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