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Item 08 - $81,915 Additional Community Development Block Grant Funds
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Item 08 - $81,915 Additional Community Development Block Grant Funds
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Agenda Packet
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Clerk of the Council
Item #
8
Date
7/6/2021
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U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT <br />WASHINGTON, DC 20410-7000 <br /> <br />ASSISTANT SECRETARY FOR <br />COMMUNITY PLANNING AND DEVELOPMENT <br />www.hud.gov espanol.hud.gov <br />February 25, 2021 <br />The Honorable Vicente Sarmiento <br />Mayor of Santa Ana <br />20 Civic Center Plaza <br />Santa Ana, CA 92701-4058 <br />Dear Mayor Sarmiento: <br />I am pleased to inform you of your jurisdiction’s Fiscal Year (FY) 2021 allocations for the <br />Office of Community Planning and Development’s (CPD) formula programs, which provide <br />funding for housing, community and economic development activities, and assistance for low- and <br />moderate-income persons and special needs populations across the country. Public Law 116-260 <br />includes FY 2021 funding for these programs. Your jurisdiction’s FY 2021 available amounts are <br />as follows: <br />Community Development Block Grant (CDBG) $5,558,720 <br />Recover Housing Program (RHP) $ 0 <br />HOME Investment Partnerships (HOME) $1,706,231 <br />Housing Opportunities for Persons With AIDS (HOPWA) $ 0 <br />Emergency Solutions Grant (ESG) $489,141 <br />Individuals and families across the country are struggling in the face of four converging <br />crises: the COVID-19 pandemic, the resulting economic crisis, climate change, and racial inequity. <br />Through these bedrock programs, CPD seeks to develop strong communities by promoting <br />integrated approaches that provide decent housing and suitable living environments while <br />expanding economic opportunities for low- and moderate-income and special needs populations, <br />including people living with HIV/AIDS. We urge grantees to strategically plan the disbursement of <br />grant funds to provide relief for those affected by these converging crises and help move our <br />country toward a robust recovery. <br />Based on your jurisdiction’s CDBG allocation for this year, you also have $17,793,600 in <br />available Section 108 borrowing authority. Since Section 108 loans are federally guaranteed, this <br />program can leverage your jurisdiction’s existing CDBG funding to access low-interest, long-term <br />financing to invest in Opportunity Zones or other target areas in your jurisdiction. <br />Because the funds are not appropriated by Congress, Housing Trust Fund (HTF) formula <br />allocations will be announced at a later date under separate cover. <br />EXHIBIT 1
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