2017 CDBG Third Year Action Plan

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' Program Specific Requirements AP-90 Program Specific Requirements - 91.420, 91.220(1)(1,2,4) ' Introduction Projects planned with all CDBG funds that are expected to be available during 2017 are identified in the ' Projects Table. Community Development Block Grant Program (CDBG) Reference 24 CFR 91.220(1)(1) Projects planned with all CDBG funds expected to be available during the year are identified in the ' Projects Table.The following identifies program income that is available for use that is included in projects to be carried out. ' 1.The total amount of program income that will have been received before the start of the next program year and that has not yet been reprogrammed 100,000 ' 2. The amount of proceeds from section 108 loan guarantees that will be used during the year to address the priority needs and specific objectives identified in the grantee's strategic plan. 0 3. The amount of surplus funds from urban renewal settlements 0 ' 4.The amount of any grant funds returned to the line of credit for which the planned use has not been included in a prior statement or plan 0 ' 5.The amount of income from float-funded activities 0 Total Program Income: 100,000 ' Other CDBG Requirements 1. The amount of urgent need activities 0 ' 2.The estimated percentage of CDBG funds that will be used for activities that benefit persons of low and moderate income.Overall Benefit-A consecutive period of one, two or three years may be used to determine that a minimum overall benefit of 70% of CDBG funds is used to benefit persons of low and moderate income. Specify the ' years covered that include this Annual Action Plan. 83.00% ' Annual Action Plan 63 2017 OMB Control No:2506-0117(exp.07/31/2015)