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SP-35 Anticipated Resources - 91.215(a)(4), 91.220(c)(1,2)
Anticipated Resources
Program Source of Uses of Funds Expected Amount Available Year 1 Expected Narrative Description
Funds Annual Program Prior Year Total: Amount
Allocation: $ Income: $ Resources: $ $ Available
Remainder of
ConPlan
$
CDBG HUD Acquisition $1,304,472 $60,000 $1,747,007 $3,111,479 $7,141,479 These funds support
Admin and the overall goals
Planning presented in the
Economic Consolidated Plan by
Development facilitating programs
Housing Public including housing
Improvements rehabilitation loans &
Public Services grants, business loans,
homeless assistance
program, and other
community
development
activities.
HOME HUD Acquisition $794,525.14 $149,044 $3,416,430.97 $4,360,000 $8,134,276 HOME funds will be
Homebuyer used to address
assistance affordable housing
Homeowner needs in the City of
rehab Newport News
Multifamily rental
new construction
Multifamily rental
rehab
New construction
for ownership
TBRA
Table 55 - Anticipated Resources
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