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Res 2018-159/approving Substantial Amendment No. 7 To the Community Development Block Grant–Disaster Recovery (CDBG-DR) Action Plan to allow reimbursement to the San Marcos Public Housing Authority in the requested amount of $866,603 for its costs to rep
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Res 2018-159/approving Substantial Amendment No. 7 To the Community Development Block Grant–Disaster Recovery (CDBG-DR) Action Plan to allow reimbursement to the San Marcos Public Housing Authority in the requested amount of $866,603 for its costs to rep
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6/24/2019 4:02:41 PM
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9/25/2018 10:07:58 AM
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City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2018-159
Date
9/4/2018
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Actual Cost of Repairs <br />$1,570,581 <br />Cost of Environmental Assessment <br />$1,800 <br />Cost of Flood Elevation Certificates <br />$10,400 <br />Cost of NFIP Insurance <br />$22,809 <br />Total Actual Costs <br />$1,605,590 <br />FEMA Category B Funding <br />$77,488 <br />FEMA Category E Funding <br />$357,981 <br />FEMA Insurance Deductible <br />$23,175 <br />United Way Contribution <br />$70,000 <br />Donations <br />$43,330 <br />TML Flood Insurance <br />$168,629 <br />Total Other Funding Sources <br />$740,603 <br />San Marcos Reinvestment Corporation Loan $305,997 <br />San Marcos Public Housing (Low Rent) $527,397 <br />Reserves <br />San Marcos Public Housing - Administration $31,593 <br />Total San Marcos Public Housing Funding $864,987 <br />Source <br />Total Actual Costs $1,605,590 <br />Total Other Funding Sources $740,603 <br />Total San Marcos Public Housing Funding ($864,987) <br />Source <br />San Marcos Public Housing Authority $864,987 <br />Request for Reimbursement <br />Median Income Levels <br />The following table shows the Median Income levels of the households living in the units <br />during the floods of 2015: <br />30 % of Area Median Income 68 <br />50% of Area Median Income 24 <br />80% of Area Median Income 2 <br />Over 80% of Area Median Income 2 <br />Total Households 96 <br />CDBG-DR Amendment #7 Page 2 <br />
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