CITY’S SUBGRANT OF CDBG FUNDS. As approved by the City Council on <DATE>, the City hereby grants to Subrecipient a portion of the City’s Community Development Block Grant (CDBG) entitlement funds from...
The use of CDBG funds can justly reduce the long list of deserving infrastructure projects in the Capital Improvement Plan (CIP).Encourage Affordable HousingThe City encourages affordable housing projects. Existing housing strategies, such as first-time homebuyer programs, will be continued and ...
(a) Borrower shall comply with all applicable laws and regulations governing the use of the CDBG Funds as set forth in 24 C.F.R. Part 570, including the requirements of the Regulatory Agreement and CDBG Project Agreement. In the event of any conflict between this Agreement and applicable ...