My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
CC PACKET 05251999
StAnthony
>
City Council
>
City Council Packets
>
1999
>
CC PACKET 05251999
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/30/2015 4:08:24 PM
Creation date
12/30/2015 4:08:02 PM
Metadata
Fields
SP Box #
17
SP Folder Name
CC PACKETS 1999-2001
SP Name
CC PACKET 05251999
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
135
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
V. ALLOCATION OF BASIC GRANT AMOUNTS <br /> • Basic grant amounts received by the COUNTY under.Section 106 of the Act shall be allocated as follows: <br /> A. COUNTY shall retain Ten percent(10%) of the annual basic grant amount for the undertaking of <br /> eligible activities. <br /> B. The balance of the basic grant amount.shall be made available by COUNTY to COOPERATING <br /> UNITS in accordance with the formula stated in part C and the procedure stated in part.D of this <br /> section for the purpose of allowing the COOPERATING UNITS to submit funding requests. The <br /> allocation is for planning purposes only and is not a guarantee of funding. <br /> C. The COUNTY will calculate,for each COOPERATING UNIT,an amount that bears the same ratio <br /> to the balance of the basic grant amount as the average of the ratios between: <br /> 1. The population of COOPERATING UNIT and the population of all COOPERATING UNITS. <br /> 2. The extent of poverty in .COOPERATING UNIT and the extent of poverty in all <br /> COOPERATING UNITS. <br /> 3. The extent of overcrowded housing by units in COOPERATING UNIT and the extent of <br /> overcrowded housing by units in all COOPERATING UNITS. <br /> 4. In determining the average of the above ratios,the ratio involving the extent of poverty shall <br /> be counted twice. <br /> D. Funds will be made available to communities utilizing the formula specified in C of this Section in <br /> the following manner: <br /> 1. COOPERATING UNIT qualifying as a Metropolitan City (having populations of at least <br /> 50,000)will receive annual funding allocations equal to the HUD formula entitlement or the <br /> COUNTY formula allocation,whichever is greater. <br /> 2. Other COOPERATING UNITS with COUNTY formula allocations of$75,000 or more will <br /> receive funding allocations in accordance with the formula allocations. <br /> 3. COOPERATING UNITS with COUNTY formula allocations of less than$75,000 will have <br /> their,funds consolidated in a pool for award in a manner determined by COUNTY. Only the <br /> COOPERATING UNITS, whose funding has been pooled, will be eligible to compete for <br /> these funds. <br /> E. The COUNTY shall develop these ratios based upon data to be furnished by HUD. The.COUNTY <br /> assumes no duty to gather such data independently and assumes no liability for any errors in the data <br /> furnished by HUD. <br /> F. In the event COOPERATING UNIT does not request a funding allocation,or a portion thereof,the <br /> amount not requested shall be made available to other participating communities, in a manner <br /> determined by COUNTY. <br /> 5 <br />
The URL can be used to link to this page
Your browser does not support the video tag.