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CAPER 6 <br />OMB Control No: 2506-0117 (exp. 09/30/2021) <br />CR-15 - Resources and Investments 91.520(a) <br />Identify the resources made available <br />Source of Funds Source Resources Made <br />Available <br />Amount Expended <br />During Program Year <br />CDBG public - federal $1,930,510.87 $608,519.60 <br />Table 3 - Resources Made Available <br /> <br />Narrative <br /> <br />Identify the geographic distribution and location of investments <br />Target Area Planned Percentage of <br />Allocation <br />Actual Percentage of <br />Allocation <br />Narrative Description <br />City-Wide 100 100 <br />Table 4 – Identify the geographic distribution and location of investments <br />Narrative <br />CDBG Program. The FY 2023 grant is contributing to the high amount of resources available shown on <br />line 16 of the PR 26 report. Also, there is $19,364.40 of returned funds from an overpayment of a <br />Section 108 loan. <br />HOME Program. The City participates in the Alameda County HOME Consortium, which is made up of <br />Alameda County cities (including unincorporated cities), excluding Berkeley and Oakland. The City <br />receives HOME funds via a formula allocation to be used for administration and housing projects. <br />However, the City’s annual allocation is not typically large enough to be used for a HOME eligible <br />housing project. HOME Consortium cities have historically pooled funds to be used regionally on a <br />competitive and/or rotating basis among member cities. The HOME Consortium awarded the City <br />$331,319 in FY 2021 and $245,827 in FY 2022. After administrative costs, the city has a balance of <br />$563,105 of HOME funds available for an eligible housing project or program. <br />