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2016 CBBG_Home Action Plan III
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2016 CBBG_Home Action Plan III
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Program Specific Requirements <br /> AP-90 Program Specific Requirements - 91.420, 91.220(1)(1,2,4) , <br /> Introduction ' <br /> Projects planned with all CDBG funds that are expected to be available during 2017 are identified in the <br /> Projects Table. ' <br /> Community Development Block Grant Program (CDBG) <br /> Reference 24 CFR 91.220(1)(1) ' <br /> Projects planned with all CDBG funds expected to be available during the year are identified in the <br /> Projects Table.The following identifies program income that is available for use that is included in <br /> projects to be carried out. ' <br /> 1. The total amount of program income that will have been received before the start of the ' <br /> next program year and that has not yet been reprogrammed 100,000 <br /> 2.The amount of proceeds from section 108 loan guarantees that will be used during the year ' <br /> to address the priority needs and specific objectives identified in the grantee's strategic plan. 0 <br /> 3. The amount of surplus funds from urban renewal settlements 0 <br /> 4.The amount of any grant funds returned to the line of credit for which the planned use has ' <br /> not been included in a prior statement or plan 0 <br /> 5. The amount of income from float-funded activities 0 <br /> Total Program Income: 100,000 ' <br /> Other CDBG Requirements ' <br /> 1.The amount of urgent need activities 0 <br /> 2.The estimated percentage of CDBG funds that will be used for activities that benefit ' <br /> persons of low and moderate income.Overall Benefit-A consecutive period of one, <br /> two or three years may be used to determine that a minimum overall benefit of 70% ' <br /> of CDBG funds is used to benefit persons of low and moderate income. Specify the <br /> years covered that include this Annual Action Plan. 83.00% <br /> Annual Action Plan 58 <br /> 2017 <br /> OMB Control No:2506-0117(exp.06/30/2018) ' <br />
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