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Program Specific Requirements
AP-90 Program Specific Requirements[36]
Introduction
The City of Framingham’s CDBG funds from the U.S. Department of Housing and Urban Development (HUD) finances a series of projects primarily in South Framingham but also support projects that are community wide. For each institutional project, the City enters into a contract with nonprofit agencies or municipal departments. In the case of housing rehabilitation assistance that helps low- and moderate-income homeowners repair their properties in Framingham, those clients also sign an agreement with the City. Below are the key provisions in the promissory notes signed by them. The entire principal shall be forgiven on (determined date) unless one or more of the following shall have occurred:
- Borrower is no longer the legal owner of the property; or
- Borrower no longer lives at the property as her primary residence; or
- Borrower has rented, leased or otherwise allowed other parties to reside at or use the property without the express written consent of the City through the Community Development Department; or
- Borrower has refinanced underlying mortgages/liens and taken cash out of the property without the express written permission of City.
Upon the occurrence of any of the above events, the principal sum shall immediately become due and payable to the Community Development Department or such other place as the City may designate.
Community Development Block Grant Program (CDBG)[37]
Projects planned with all CDBG funds expected to be available during the year are identified in the Projects Table. The following identifies program income that is available for use that is included in projects to be carried out.
1. The total amount of program income that will have been received before the start of the next program year and that has not yet been reprogrammed | 0 |
2. The amount of proceeds from section 108 loan guarantees that will be used during the year to address the priority needs and specific objectives identified in the grantee's strategic plan | 0 |
3. The amount of surplus funds from urban renewal settlements | 0 |
4. The amount of any grant funds returned to the line of credit for which the | 0 |
5. The amount of income from float-funded activities | 0 |
6. Total Program Income | 0 |
Other CDBG Requirements
1. The amount of urgent need activities | 30% |
2. The estimated percentage of CDBG funds that will be used for activities that benefit persons of low and moderate income. Overall Benefit - A consecutive period of one, two or three years may be used to determine that a minimum overall benefit of 70% of CDBG funds is used to benefit persons of low and moderate income. Specify the years covered that include this Annual Action Plan. | 70.00% |
Discussion
Please direct questions and comments to:
Nate Doyen-Charon
Community Development Coordinator
City of Framingham
150 Concord St., Room 121
Framingham, MA 01702
Phone: (508) 532-5457
Email: ndoyencharon@framinghamma.gov
Website: https://www.framinghamma.gov/418/Community-Development
[36] 91.420, 91.220(l)(1,2,4).
[37] Reference 24 CFR 91.220(l)(1).