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Item 23 - Public Hearing for FY 2025-29 5 Year Plan, Annual Action Plan for CDBG, HOME, and ESG Programs
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Item 23 - Public Hearing for FY 2025-29 5 Year Plan, Annual Action Plan for CDBG, HOME, and ESG Programs
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5/28/2025 4:55:07 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
23
Date
6/3/2025
Destruction Year
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143 <br />Table 45- Anticipated Resources <br />Program Uses of Funds <br />Expected Amount Available for 5-Years Expected <br />Amount <br />Available <br />Remainder of <br />Con Plan <br />Narrative <br />Description Annual <br />Allocation: <br />Program <br />Income: <br />Prior Year <br />Resources: <br />Total: <br />CDBG <br />Acquisition <br />Admin and Planning <br />Economic Development <br />Housing <br />Public Improvements <br />Public Services <br />$4,190,178 $0 $176,300 $4,366,475 $16,760,712 <br />Based on <br />2024 FY <br />allocation <br />from HUD. <br />HOME <br />Acquisition <br />Homebuyer assistance <br />Homeowner rehab <br />Multifamily rental new <br />construction <br />Multifamily rental rehab <br />New construction for <br />ownership <br />TBRA <br />$1,159,062 $0 $0 $ 1,159,062 $5,795,310 <br />Based on <br />2024 FY <br />allocation <br />from HUD. <br />ESG <br />Conversion and rehab <br />for transitional housing <br />Financial Assistance <br />Overnight shelter <br />Rapid re-housing (rental <br />assistance) <br />Rental Assistance <br />Services <br />Transitional housing <br />$377,330 $0 $0 $377,330 $1,886,650 <br />Based on <br />2024 FY <br />allocation <br />from HUD. <br />EXHIBIT 1
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