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Program Source <br />of <br />..__ <br />Uses of Funds Expected <br />Annual <br />.................. <br />Amount Available Year <br />............. <br />1 Expected Narrative Description <br />Total: Amount <br />Program Prior Year <br />Funds <br />Allocation: <br />Income: Resources: <br />$ Available <br />$ <br />$ $ <br />Remainder <br />of ConPlan <br />t $ <br />Housing public- <br />Housing <br />The HTF funds are received by the <br />Trust federal <br />€ <br />State's Hawaii Housing Financing and <br />Fund <br />1 <br />Development Corporation (HHFDC). The <br />I State in turn allocates the HTF funds to <br />3 <br />the counties on a three year rotation <br />r basis. The designated County will <br />a <br />receive the entire allocation of HTF <br />j <br />3 <br />funding less the allowable administrative <br />i <br />I funding which will be retained by <br />' <br />HHFDC. In PY 2021, the Hawaii County <br />will receive the all of MTF funding. Plus <br />a <br />an additional allocation originally <br />designated to the City and County of <br />2,850,000: <br />— _...._,......, <br />0 I 0 <br />......... <br />2,850,000 ' 0 Honolulu. <br />��. �m._...................................._ <br />.............. <br />Table <br />5 - Expected Resources — Priority Table <br />Explain how federal funds will leverage those additional resources (private, state and local funds', including a description of how • <br />matching requirements will be satisfied <br />There is no matching requirement for CDBG funds. The CDBG funds in 2021 are being leveraged by $1,000,000 in CIP funds. <br />The HTF funds have no match requirements and are usually leveraged by LIHTC or State general excise tax exemptions, County, owner's <br />contributions, and private bank loans or foundation grants. <br />Annual Action flan <br />2021 <br />OMB Control No< 2506-0.117 (exp. 09/30/2021) <br />9.1 <br />