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2004-05 CONSOLIDATED ACTION PLAN Exhibit B (CDBG, HOME and Other Funds) HOME Grant Car over from Prior Years $335 546 $330 000 Total $665 546 Project Name Project Description National Objective Activity Allocation Eli ibilit Administration Administrative expenses NA $ 18,888 as per the cap specified in the re ulations For sale new NA 24 CRF 92.205 $ 646,658 construction projects or down payment assistance Total & Balance $ 665 546 $ - Housin Set-Aside FY 04-05 Increment Project Program Income Projected Beginning 04-05 Fund Balance $ 1 410 302 $ 80 000.00 $ 1 841 450 Total $ 3 331 752 Project Name Project Description National Objective Activity Allocation Eli ibilit Administration Program and fund NA As per $ 336,707 administration redevelopment law HUD Loan & Ba air Re a ments NA $ 195 962 Home Buyer Program Assist low/mod NA As per $ 200,000 (Down payment households to become first redevelopment Assistance time homeowners law New construction of Increase the supply of NA As per $ 1,999,083 multi-family units affordable rental housing redevelopment through new construction law of multi-family units for low and very low families Acquisition/Rehab Acquisition and rehab of NA As per $ 200,000 Apartments units in one apartment redevelopment complex law Housing Rehab Preserve and rehab NA As per $ 400,000 (including grant existing housing stock redevelopment programs) through rehab loans and law grants Total & Balance $ 3 331,752 $ - San Leandro Housin Finance Cor oration $899 370 Total $ 899 370 Project Name Project Description National Objective Activity Allocation Eli ibili New construction of Development of very low NA McKinney funds $ 899,370 multi-family rental income housing for very low units income families Total & Balance $ 899,370 $ - Note: I here could be carry over tuntls from current year in the Home Buyer Program (estimate $250,D00) and Acquisition/rehab ($395,000) that are not reflected in 2004-05 allocation listed above. 2of2