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<br /> Consolidated Plan REDWOOD CITY 96 <br />OMB Control No: 2506-0117 (exp. 06/30/2018) <br /> SP-35 Anticipated Resources - 91.215(a)(4), 91.220(c)(1,2) <br />Program Source of <br />Funds <br />Uses of Funds Expected Amount Available Year 1 Expected <br />Amount <br />Available <br />Remainder of <br />ConPlan <br />$ <br />Narrative Description <br />Annual <br />Allocation: <br />$ <br />Program <br />Income: $ <br />Prior Year <br />Resources: $ <br />Total: <br />$ <br />CDBG public - <br />federal <br />Acquisition <br />Admin and <br />Planning <br />Economic <br />Development <br />Housing <br />Public <br />Improvements <br />Public Services <br />650,000 200,000 0 $850,000 3,400,000 Expect and estimated <br />$650,000 of CDBG <br />entitlement funds for years 2 <br />through 5 of the Con Plan <br />plus an average of $200,000 <br />of program income/revolving <br />funds for years 2-5 of the Con <br />Plan. <br />HOME public - <br />federal <br />Acquisition <br />Homebuyer <br />assistance <br />Homeowner <br />rehab <br />new construction <br />Multifamily rental <br />rehab <br />New construction <br />for ownership <br />200,000 0 0 200,000 800,000 Expect and estimated <br />$200,000 of HOME program <br />funds for years 2 through 5 of <br />the Con Plan. <br />Other public - <br />local <br />Public Services 34,800 0 0 34,800 400,000 The City committed $34,800 <br />of its general funds for public <br />services for FY2018 and <br />recently approved a program <br />to set up an endowment to <br />provide up to $100,000 per <br />year to support public <br />services for 11 years. 6.3.F. - Page 108