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<br /> Consolidated Plan REDWOOD CITY 116 <br />OMB Control No: 2506-0117 (exp. 06/30/2018) <br />Expected Resources <br />Program Source of <br />Funds <br />Uses of Funds Expected Amount Available Year 1 Expected Amount <br />Available Remainder <br />of ConPlan <br />$ <br />Narrative Description <br />Annual <br />Allocation: $ <br />Program <br />Income: $ <br />Prior Year <br />Resources: $ <br />Total: $ <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 650,000 200,000 0 850,000 3,400,000 <br />Expect and estimated <br />$650,000 of CDBG entitlement <br />funds for years 2 through 5 of <br />the Con Plan plus an average <br />of $200,000 of program <br />income/revolving funds for <br />years 2-5 of the Con Plan. <br />HOME public - <br />federal <br />Acquisition <br />Homebuyer <br />assistance <br />Homeowner <br />rehab <br />rental new <br />construction <br />construction for <br />ownership 200,000 0 0 200,000 800,000 <br />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 <br />34,800 0 0 34,800 400,000 <br />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 services <br />for 11 years. 6.3.F. - Page 128