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Res15 15407
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Res15 15407
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Last modified
10/11/2019 7:52:44 AM
Creation date
10/11/2019 7:52:42 AM
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CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
5/18/2015
Description
RESOLUTION NO. '15407 RESOLUTION APPROVING CONSOLIDATED PLAN (2015-2020) AND ANNUAL ACTION PLAN (2015-2016) AND APPLICATION FOR FEDERAL ASSISTANCE (COMMUNITY DEVELOPMENT BLOCK GRANT AND HOME INVESTMENT PARTNERSHIP FUNDS) ; CERTIFYING THAT THE CITY HAS FOLLOWED ITS ADOPTED CITIZEN PARTICIPATION PLAN ; AND AUTHORIZING EXECUTION AND FILING OF ALL DOCUMENTS PERTAINING THERETO (FISCAL YEAR 2015-2016) the Community Development Block Grant (CDBG) Program authorized pursuant to Title I of the Housing and Community Development Act of 1974 (FL. 93-383), as amended ("the Act"), requires that jurisdictions receiving federal funds develop a Consolidated Plan and provide for the issuance of grants in order to attain the
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05/04/2015 <br /> 8.A. - Page 15 <br /> CDBG PROGRAM INCOME (Carryover From Prior Years) <br /> Housing — Single and Multifamily Rehab <br /> CIID - Housing Accessibility Modification Program 18,500 <br /> El Concilio of SMCo. — Energy Efficiency Program 45,000 <br /> Rebuilding Together Peninsula — Minor Home Repair Program 16,500 <br /> Rebuilding Together Peninsula - Nation Rebuilding Day 20,000 <br /> Subtotal 100,000 <br /> TOTAL CDBG CARRYOVER PROGRAM INCOME 100,000 <br /> 2015-2016 <br /> ACTION PLAN REVENUE <br /> CDBG Amount ($) <br /> CDBG Entitlement Grant 693,622 <br /> TOTAL 693,622 <br /> CDBG REVOLVING LOAN FUND — PROGRAM INCOME <br /> Estimated Single Family Rehab Income — New FY15-16 200,000 <br /> Estimated Multifamily Income — New FY15-16 100,000 <br /> TOTAL 300,000 <br /> HOME <br /> HOME Investment Partnership Grant 211, 168 <br /> TOTAL 211,168 <br /> TOTAL FY14-15 NEW REVENUE 1,204,790 <br /> CDBG— PROGRAM INCOME CARRYOVER PRIOR YEARS <br /> Carryover Program Income - prior years 100,000 <br /> TOTAL CARRYOVER FUNDS 100,000 <br /> if TOTAL CDBG & HOME BUDGET INCLUDING CARRYOVER FUNDS 1,304,790 <br /> 1 <br /> 8 RESO. 15407 <br /> MUFF # 304 <br />
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