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Program Specific Requirements <br />AP -90 Program Specific Requirements — 91.220(1)(1,2,4) <br />Introduction <br />The program -specific requirements governed by the Community Development Block Grant <br />Program (CDBG) and HOME Investment Partnership Program (HOME) are described below. <br />Community Development Block Grant Program (CDBG) <br />Reference 24 CFR 91.220(1)(1) <br />Projects planned with all CDBG funds expected to be available during the year are identified in <br />the Projects Table. The following identifies program income that is available for use that is <br />included in projects to be carried out. <br />Other CDBG Reauirements0 <br />1. The total amount of program income that will have been received before the start of the next <br />program year and that has not yet been reprogrammed <br />$0 <br />2. The amount of proceeds from section 108 loan guarantees that will be used during the year to <br />address the priority needs and specific objectives identified in the grantee's strategic plan. <br />$0 <br />3. The amount of surplus funds from urban renewal settlements <br />$0 <br />4. The amount of any grant funds returned to the line of credit for which the planned use has not <br />been included in a prior statement or plan <br />$0- <br />5. The amount of income from float -funded activities <br />$0 <br />Total Program Income: <br />$0 <br />Other CDBG Reauirements0 <br />DRAFT City of San Leandro Annual Action Plan 25 <br />2014 <br />OMB Control No: 2506-0117 (exp. 07/31/2015)0 <br />1. The amount of urgent need activities <br />0 <br />2. The estimated percentage of CDBG funds that will be used for activities that benefit persons <br />of low and moderate income.Overall Benefit - A consecutive period of one, two or three years <br />may be used to determine that a minimum overall benefit of 70% of CDBG funds is used to <br />benefit persons of low and moderate income. Specify the years covered that include this <br />Annual Action Plan. <br />74.00% <br />DRAFT City of San Leandro Annual Action Plan 25 <br />2014 <br />OMB Control No: 2506-0117 (exp. 07/31/2015)0 <br />