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Program Specific Requirements <br />AP-90 Program Specific Requirements - 91.420, 91.220(l)(1,2,4) <br />Introduction <br />The program-specific requirements governed by the Community Development Block Grant Program <br />(CDBG) and HOME Investment Partnership Program (HOME) are described below. <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 the next <br />program year and that has not yet been reprogrammed 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. 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 has not <br />been included in a prior statement or plan 0 <br />5. The amount of income from float-funded activities 0 <br />Total Program Income: 0 <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 benefit <br />persons of low and moderate income.Overall Benefit - A consecutive period of one, <br />two or three years may be used to determine that a minimum overall benefit of 70% <br />of CDBG funds is used to benefit persons of low and moderate income. Specify the <br />years covered that include this Annual Action Plan. 100.00% <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> Annual Action Plan <br />2017 <br />33 <br />OMB Control No: 2506-0117 (exp. 07/31/2015) <br />83