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R2021-04 Resolution Authorizing Agreements with U.S. Department of Housing and Urban Development (HUD) for CDBG & HOME FY2020 Grant Funds
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R2021-04 Resolution Authorizing Agreements with U.S. Department of Housing and Urban Development (HUD) for CDBG & HOME FY2020 Grant Funds
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1/6/2021 2:02:56 PM
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1/6/2021 2:02:55 PM
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Resolution/Ordinance
Res Ord Num
R2021-04
Res Ord Title
R2021-04 Resolution Authorizing Agreements with U.S. Department of Housing and Urban Development (HUD) for CDBG & HOME FY2020 Grant Funds
Department
Econ and Com Dev
Approved Date
1/4/2021
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FY2020-21 ANNUAL ACTION PLAN <br /> CDBG & HOME PROGRAM ALLOCATIONS <br /> Below is a summary of the FY 2010-21 federal fund allocation based on a CDBG grant of <br /> $1,417,995. <br /> �� ua <br /> ,gzg <br /> G General Administration/Indirect Costs $283,640 <br /> G Section 108 Loan Repayment $213,167 <br /> G Section 108 Interest Payment $14,921 <br /> G CDBG Residential Rehabilitation $262,408 <br /> G Emergency Program $50,000 <br /> G Housing Rehabilitation Project Costs $126,259 <br /> G Public Services $45,000 <br /> G Code Enforcement $222,600 <br /> G Demolitions $200,000 <br /> Total $1,417,995 <br /> Below is summary of the FY2020-21 federal fund allocation based on a HOME grant of$431,353. <br /> lit► <br /> SR CHDO Projects (15% minimum) $64,703 <br /> SR CHDO Operating $20,000 <br /> G Residential Rehabilitation $53,507 <br /> G HOME Program Administration $43,143 <br /> G Supportive Housing $250,000 <br /> Total $431,353 <br />
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