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Program Specific Requirements <br /> AP-90 Program Specific Requirements - 91.420, 91.220(I)(1,2,4) <br /> Introduction <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 �) "268,922 <br /> 2.The amount of proceeds from section 108 loan guarantees that will be-used during the <br /> year to address the priority needs and specific objectives identified in the grantee's strategic/ <br /> plan. �\ 1,250,000 <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 <br /> has 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: 1,518,922 <br /> "'Other CDBG R equirements <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 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. 100.00% <br /> Discussion <br /> Consolidated Plan PLEASANTON 72 <br /> OMB Control No:2506-0117(exp.07/31/2015) <br />