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5A Public Hearings 2018 0917
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5A Public Hearings 2018 0917
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
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9/17/2018
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Reso 2018-108
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\City Clerk\City Council\Resolutions\2018
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City of San Leandro FY 2017‐18 CAPER 9 <br />OMB Control No: 2506‐0117 (exp. 06/30/2018) <br />Program Income <br />Additionally, HUD funds may result in program income (i.e. loan or interest payments) from housing <br />projects that were supported by HUD funding. Given that the City of San Leandro primarily uses its CDBG <br />allocation on direct service contracts and public works projects, there is no program income from those <br />expenditures. In FY 2017‐2018 there was no HOME Program Income on HOME funded housing <br />development loans managed by the City of San Leandro. <br />Identify the geographic distribution and location of investments <br />Target Area Planned Percentage <br />of Allocation <br />Actual Percentage of <br />Allocation <br />Narrative Description <br />City‐Wide 100 100 <br />Low and moderate income <br />residents. <br />Table 4 – Identify the geographic distribution and location of investments <br /> <br />Narrative <br />Per the City of San Leandro Five Year Consolidated Plan for 2015‐2020, no specific target areas were <br />identified as areas to focus investment of the City’s CDBG annual funding allocation. The City will <br />continue to fund programs that meet the national objectives of serving low‐ and moderate‐income <br />clientele (LMC) or low‐ and moderate‐income housing (LMH). In FY 2017‐2018 all of the services <br />provided by the City’s contracted recipients of CDBG grants, will benefit — at least 51% of the total <br />population served — low‐ and moderate‐income individuals and families. In the case that the City has <br />funded agencies located in other jurisdictions, it is with the explicit understanding that a portion of their <br />programs that receive City CDBG funds will serve and benefit San Leandro residents.
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