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111708 Federal Neighborhood Stabilization Prog
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11/17/2008
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111708 Federal Neighborhood Stabilization Prog
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Federal NSP <br />November 17, 2008 <br />Page 7 <br />FISCAL IMPACT <br />By submitting this substantial amendment to its 2008 -2009 Annual Action <br />Plan and grant agreement, the City of Santa Ana will be eligible to <br />receive up to $5,795,151 in grant funds from the U.S. Department of <br />Housing and Urban Development. <br />Funds for the Mortgage Assistance Program are available in the Tax <br />Increment Housing Set -Aside Fund in the amount of $1,450,000 (account <br />no. 507 - 936 - 6951). <br />Shelly Landry -Bayle <br />Housing Manager <br />Community Development Agency <br />CJN /SLB /mlr <br />111708 JT CC -CRA Federal NSP <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />8 -41 <br />
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