EXHIBIT 2
CITY OF STOCKTON
SUBSTANTIAL AMENDMENT #1 TO FY 2023-2024 ANNUAL ACTION PLAN
COMMUNITY DEVELOPMENT BLOCK GRANT CHANGES
The purpose of this Substantial Amendment is to reallocate CDBG funds to new or existing eligible activities to assist in meeting 2023-2024 CDBG timeliness expenditure thresholds.
The AAP is substantially amended to defund Public Improvements and reallocate funds to eligible housing activities, as established by the CDBG program.
PROPOSED REALLOCATIONS
Funding Source
Approved Activity
Proposed Change
Originally Approved Amount
Allocation Change
New Funding Level
CDBG
Public Infrastructure Improvements
Reallocate funds to Affordable Housing
$1,510,261
- $1,510,261
$0.00
Funding Source
New Proposed Activity or Allocation
Proposed Change
Originally Approved Amount
Proposed Allocation
New Funding Level
CDBG
Affordable Housing
Allocate from Public Infrastructure Improvements
National Objective: LMH
$0.00
+ $1,510,261
$1,510,261
In addition to reallocating CDBG funds, staff recommends the following amendment:
AAP is substantially amended to expand eligible matrix codes for Blight Abatement activities under the Economic Development project category:
04 – Clearance and Demolition
04A – Cleanup of Contaminated Sites
16A – Residential Historic Preservation
16B – Non-Residential Historic Preservation