Cities Index.
Estimated FY 2024-2025 HOME Consortium Allocation

Patterson City Council
April 16, 2024

Document
Estimated FY 2024-2025 HOME Consortium Allocation
Meeting
April 16, 2024
Body
Patterson City Council
Original file
597 KB
Text extracted from the city's file for reading and search. Open the original on pattersonca.iqm2.com. That file is the official record.

STANISLAUS HOME CONSORTIUM

HOME INVESTMENT PARTNERSHIPS PROGRAM (HOME)
FISCAL YEAR 2024-2025 ANNUAL ACTION PLAN
Estimated FY 2024-2025 HOME Allocation: $1,708,364
The table below shows the HOME grant allocation breakdown among Stanislaus HOME Consortium members based on the FY 2023-2024 awarded funding.

ESTIMATED HOME ALLOCATIONS*

HOME CONSORTIUM MEMBER ALLOCATION
City of Ceres $143,893
City of Hughson $127,110
City of Newman $135,827
City of Oakdale $139,079
City of Patterson $133,355
City of Riverbank $134,005
City of Turlock $156,123
City of Waterford $127,500
Stanislaus County $184,381
Community Housing Development
Organization (CHDO) Set-aside @ 15%
$256,255
HOME Total $1,537,528
County Administration Total $170,836
TOTAL ALLOCATION $1,708,364
*Please Note- All allocations will be proportionally increased or decreased from the estimated funding levels to match final allocation amounts. These funds shall be allocated to individual Consortium members and will be required to be committed to an approved project within six (6) months from July 1 of each year unless such deadline is extended by the County. An approved project shall be a project included within a HUD certified Annual Action Plan and approved by the County. If there are no approved projects within 6 months, the funding will be made available to the Consortium members for projects through a Request for Proposal (RFP) selection process by the County.

← All documents from this meeting