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Reso 2021-065 HUD Final Action Plan 21-22
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Reso 2021-065 HUD Final Action Plan 21-22
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12/21/2023 2:42:40 PM
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5/10/2021 10:22:44 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
5/3/2021
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PERM
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5A Public Hearings 2021 0503
(Approved)
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\City Clerk\City Council\Agenda Packets\2021\Packet 2021 0503
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Program Specific Requirements <br />AP-90 Program Specific Requirements - 91.420, 91.220(I)(1,2,4) <br />Introduction <br />Community Development Block Grant Program (CDBG) <br />Reference 24 CFR 91.220(I)(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 />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 />Other CDBG Requirements <br />1. The amount of urgent need activities 0 <br />2. The estimated percentage of CDBG funds that will be used for activities that <br />benefit persons of low and moderate income. Overall Benefit - A consecutive <br />period of one, two or three years may be used to determine that a minimum <br />overall benefit of 70% of CDBG funds is used to benefit persons of low and <br />moderate income. Specify the years covered that include this Annual Action Plan. 100.00% <br />Annual Action Plan <br />2021 <br />32 <br />OMB Control No: 2506-0117 (exp. 09/30/2021) <br />
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