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2001-2002 CDBG BUDGET ALLOCATIONS <br />RECONC�IENDED BY CDBG TASK FORCE: 227/01 <br />RECOMMENDED BY RIDGE STREET NEIGHBORHOOD COMMITTEE: 2/15/01 (Priority Neighborhood <br />Projects) <br />RECOMMENDED BY PLANNING COMMISSION: 3/8/01 <br />APPROVED BY CITY COUNCIL: <br />• L HOUSING IN ALL CDBG ELIGIBLE NEIGHBORHOODS <br />A. Substantial Rehabilitation: Rehab of homeowner occupied structures <br />$191,769 <br />B. Housing Opportunities Program: Provide soft second mortgages to first <br />time homebuyers <br />$80,000 <br />C. Weatheriration <br />$10,000 <br />D. Habitat for Humanity: Provide funds for the purchase of two lots for Habitat homes <br />$45,000 <br />E. Lead Based Paint <br />$70.000' <br />Housing Subtotal: <br />$396,769.00 44.1% <br />H. OTHER NEIGHBORHOOD PHYSICAL IMPROVEMENTS <br />A. Water Conscrvation Plumbing Retrofit <br />$20,000 <br />B. Family Investment Center and Resource Room <br />S10,000 <br />C. Sidewalks in CDBG target areas <br />$80.000• <br />Other Neighborhood Physical Improvements Subtotal: <br />$110,000 12.2% <br />SUBTOTAL OF ALL HOUSING AND IMPROVEMENT PROJECTS: <br />$506,769.00 56% <br />III. PRIORITY NEIGHBORHOOD FUNDS: Ridge Street Neighborhood Allocation <br />A. Substantial Rehabilitation: Rehab of homeowner occupied structures <br />$90,000 <br />B. Barrett Early Learning Center: Physical improvements/renovation for additional learning space <br />$85,000 <br />C. Paint Rehabilitation <br />$25,000 <br />PRIORITY NEIGHBORHOOD FUNDS: <br />$200,000 22% <br />• IV SOCIAL PROGRAMS <br />A. Neighborhood Based Quality Child Care S30,000 <br />B. Power of Word and Sound $20,000 <br />C. Financial Counseling and Assistance for persons with AIDS/HIV $16,000 <br />D. Outreach 200 L Literacy assistance S6.016 <br />SOCIAL PROGRAM TOTAL: $72,016 8% <br />V. ADMINISTRATION AND PLANNING: To pay direct costs of staff, auditing, citizen participation <br />$109,215 12% <br />Contingency Funds SI 1,300.43' 1% <br />GRANDTOTAL: S899,300.43 <br />ENTITLEMENT AMOUNT: $708,000 <br />REPROGRAMMED FUNDS: $161,300.43 <br />PROGRAM INCOME: 530,000 <br />' Funded from reprogrammed funds and program income <br />2001-2002 HOME BUDGET ALLOCATIONS <br />Downpayment/Closing Costs Assistance: Deferred loans for downpayment <br />. and closing costs S60,000 <br />Substantial Rehabilitation: Rehab of homeowner occupied structures $44,250 <br />TOTAL: $104,250 <br />CDBG TASK FORCE/BUDGETALLOCATION2001-02 <br />