ANTICIPATED CDBG FUNDING
FISCAL YEAR 2025-2026
As of October 8, 2024
COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) PROGRAM
A
nticipated Entitlement Amount
2025-26 Entitlement Amount $ 1,394,952
Anticipated Program Income (PI/RL) (2024-2025) 1 $ 25,000 Reprogrammed CDBG funding $ 50,000
Total CDBG Resources $ 1,469,952
A
nticipated CDBG Allocations
A llocation for Public Services (15% cap) $ 209,242 Allocation for Capital Projects (65% + reprogramming) 2 $ 956,720 Allocation for General Administration (20 percent, plus PI) 3 $ 268,990 Fair Housing $ 10,000
1 Program income (PI) that may be generated from existing revolving loan fund programs, such as the Residential Rehabilitation Loan Program. It may fluctuate, and for that reason, it is not included in “Total CDBG Allocations.”
2 This includes 15,000 for TBRA administration, leaving $941,720 for Capital subrecipients. 3 20% is $278,990; however, $10,000 is for mandated Fair Housing testing as required by HUD.
Attachment A