Laserfiche WebLink
PART I. RESOURCES <br />This section identities Federal, State, local, and private resources which may be used to meet the <br />City of Pleasanton's housing and community development goals. Resources can be sources of <br />funds or technical assistance and can be available to private and non-profit entities as well as to <br />local government agencies. "fhe resources are categorized within each jurisdictional level by <br />eligible activity. "fhc list includes resources the City has on-hand or expects to receive. Recent <br />developments in Congress indicate that the nature and Icvel of federal housing, homeless, and <br />community development Cunding programs will change and potentially be reduced during the <br />next several years. The City, through its involvement as part of the Alameda County FIOME <br />Consortium, will monitor these developments closely and will continue to promote the <br />Consortium's housing and community development objectives through active policy development <br />and use of available federal and non-federal funding sources. <br />FEDERAL <br />Community Development I31ock Grant (CDBG) Funds <br />The City of Pleasanton is an cntitlemcntjurisdiction and applies directly to I IUD on an <br />annual basis for funding from the CDBG program. CDBG funds can be used for a variety <br />of housing and community development activities which bcnetit lower income people. <br />FY 2009 Amount: $250,000 (estimated) <br />CDBG Program Income <br />1'he City of Pleasanton has received a small amount of program income each year through <br />its I lousing Rehabilitation program, primarily through repayment of past loans. Funds <br />derived through program income are recycled into the [ [ousing Rehabilitation program <br />and used to timd new loans and small grants. <br />FY 2009 Amount: $30,000 (approximate/anticipated) <br />Community Development Block Grant Recovery (CDBG-R) Funds <br />fhe City will receive an allocation of $74,608 in additional CDBG funding (CDBCr-R) <br />Crom the American Recovery and Reinvestment Act (ARRA) oC2009. The City will <br />allocate these Yimds to agencies that were underfunded during the CDBG allocation <br />process based on a general contingency plan described later in this report. <br />FY 2009 Amount: $74,608 <br />Aaiun Plan - FY09 <br />City of Pleasanlun <br />PaKe 2 <br />