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0:cu:311IN <br />Leveraging <br />Explain how federal funds leveraged additional resources (private, state and local funds), <br />including a description of how matching requirements were satisfied, as well as how any <br />publicly owned land or property located within the jurisdiction that were used to address the <br />needs identified in the plan. <br />Cities receiving HOME Program funds are generally required to provide a HOME match of 25% of <br />their annual allocation. The City of Santa Ana has qualified fora HOME match reduction of 100%, <br />therefore not requiring the City to provide any match as parf,of the HOME Program. The ESG <br />program requires a dollar -for -dollar match requirement ,However, the City requires the match <br />la - <br />requirement to be met through its funded agencies T.4' i- _Q match requirement for the CDBG <br />program.. <br />Dn <br />In addition, the City of Santa Ana's local lnciti§W1ry housing ordinan o.rovided $4,775,000 in <br />funds that were matched with HOME and CDBG#cads forthedevelopmel fTthe Santa Ana Arts <br />Collective, a 58-unit multi -family affordable housing proeF `'TOME funds"- 1�1 also matched <br />with 75 Project -Based Vouchers for_jtkevelopa Ana Veterans Village, a 75-unit <br />multi -family affordable housing protect;#„orftomeless vetera.arj . <br />Fiscal Year Summary HOME Matdhn;_ <br />1. Excess ,F,atch r,qm pnor dderaL#Iscbl ar <br />0 <br />2 Matchcontribtne0i during current Federaiflsyal_ ear= <br />p <br />3 To'talmatch available foesurrentfPderaI fiscal year (Line 1 plus Line 2) <br />0 <br />4 Match1jabilityfor currentfederal#spalyear <br />p <br />5. Excess matC�l,carried over foneA Fede" fA(_fiscal year (Line 3 minus line 4) <br />0 <br />Table 5 — Fiscal <br />a1 Y - nvmF 1v1a& A report <br />a <br />Nt <br />s <br />CAPER <br />r7 <br />OMB Control No:2506-0117 (exp. 06/30/2018) <br />75A-15 <br />