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PART I. RESOURCES <br /> This section identifies Federal, State, local, and private resources which may be used to meet the City <br /> of Pleasanton's housing and community development goals. Resources can be sources of funds or <br /> technical assistance and can be available to private and non profit entities as well as to local <br /> government agencies. The resources are categorized within each jurisdictional level by eligible <br /> activity. The list includes resources the City has on -hand or expects to receive. Recent <br /> developments in Congress indicate that the nature and level of federal housing, homeless, and <br /> community development funding programs will change and potentially be reduced during the next <br /> several years. The City, through its involvement as part of the Alameda County HOME Consortium, <br /> will monitor these developments closely and will continue to promote the Consortium's housing and <br /> community development objectives through active policy development and use of available federal <br /> and non federal funding sources. <br /> FEDERAL <br /> Community Development Block Grant (CDBG) Funds <br /> The City of Pleasanton is an entitlement jurisdiction and applies directly to HUD on an <br /> annual basis for funding from the CDBG program. CDBG funds can be used for a variety of <br /> housing and community development activities which benefit lower income people. <br /> FY 2010 Amount: $350,000 (estimated) <br /> CDBG Program Income <br /> The City of Pleasanton has received a small amount of program income each year through its <br /> Housing Rehabilitation program, primarily through repayment of past loans. Funds derived <br /> through program income are recycled into the Housing Rehabilitation program and used to <br /> fund new loans and small grants. <br /> FY 2010 Amount: $30,000 (approximate /anticipated) <br /> Community Development Block Grant Recovery (CDBG -R) Funds <br /> Last year, the City received an allocation of $74,608 in additional CDBG funding (CDBG -R) <br /> from the American Recovery and Reinvestment Act (ARRA) of 2009. It is not know <br /> whether or not additional recovery funds will be received for FY 2010. <br /> FY 2010 Amount: [unknown] <br /> Action Plan FY10 <br /> City of Pleasanton <br /> Page 2 <br />