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<br /> Annual Action Plan <br />2026 <br />58 <br />OMB Control No: 2506-0117 (exp. 09/30/2021) <br />Program Specific Requirements <br />AP-90 Program Specific Requirements – 91.220(l)(1,2,4) <br />Introduction: <br />The City will receive an entitlement grant from HUD for the amount of $643,540 of CDBG. This section <br />refers to program specific requirements that HUD requires all cities receiving CDBG to report. <br />Community Development Block Grant Program (CDBG) <br />Reference 24 CFR 91.220(l)(1) <br />Projects planned with all CDBG funds expected to be available during the year are identified in the <br />Projects Table. The following identifies program income that is available for use that is included in <br />projects to be carried out. <br /> <br /> <br />1. The total amount of program income that will have been received before the start of <br />the next program year and that has not yet been reprogrammed <br />$15,000.00 <br />2. The amount of proceeds from section 108 loan guarantees that will be used during the <br />year to address the priority needs and specific objectives identified in the grantee's <br />strategic plan. 0 <br />3. The amount of surplus funds from urban renewal settlements 0 <br />4. The amount of any grant funds returned to the line of credit for which the planned use <br />has not been included in a prior statement or plan 0 <br />5. The amount of income from float-funded activities 0 <br />Total Program Income: 15,000.00 <br /> <br />Other CDBG Requirements <br /> <br />1. The amount of urgent need activities 0 <br /> <br />2. The estimated percentage of CDBG funds that will be used for activities that <br />benefit persons of low and moderate income. Overall Benefit - A consecutive <br />period of one, two or three years may be used to determine that a minimum <br />overall benefit of 70% of CDBG funds is used to benefit persons of low and <br />moderate income. Specify the years covered that include this Annual Action Plan. 100.00% <br /> <br /> <br /> <br /> <br /> <br /> <br />ATTY/RESO.0019/CC RESO 2026 ANNUAL ACTION PLAN (CDBG) - EXHIBIT A <br />REV: 05-01-26 LF <br /> <br />Page 58 of 107