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City Council Meeting Minutes May 7, 2019 <br />- Reallocate $3,000,000 of Planning Activity funds to the following activities: <br />Blanco Gardens $1,596,987 <br />Uhland Road Activity $1,403,013 <br />- Reallocate $1,585,787 of Blanco Riverine Activity funds to the following <br />activity: <br />Uhland Road Activity $1,585,787 <br />Other Funding Sources: <br />Rental/Rehab Activity Funds - $659,013 <br />Certificates of Obligation <br />Other Funds - Up to $36.7M <br />Flood Mitigation Assistance Grant (FEMA/TWDB) <br />Blanco Riverine ($12.7M) <br />Future CDBG -DR Funds (HUD) <br />Hazard Mitigation ($19.2M, other 20% admin) <br />Ms. Brown discussed the Single Family Owner -Occupied Housing <br />Reimbursement Program Eligibility Requirement which include the following: <br />- The applicant must have been the owner of record prior to May 23, 2015 <br />and/or October 30, 2015 and continue to be the owner of record throughout <br />the grant compliance period. Standard proof of ownership is a valid deed of <br />trust or warranty deed which sites the applicant's name and that is recorded in <br />the county records. A unit must have sustained direct damage from the May <br />23, 2015 flood and/or the October 30, 2015 flood. <br />- The unit must be located in the City of San Marcos's updated 100 -year <br />floodplain in Blanco Gardens. <br />- The applicant's annual household income must be less than 80% of Area <br />Median Income for the appropriate household size according to the MSA <br />Austin -Round rock Income Chart published March 2018 to meet HUD LMI <br />standards. The annual household income will be calculated using the Internal <br />Revenue Service (IRS) Form 1040 Adjusted Gross Income definition of <br />income. <br />- The amount of eligible receipts for eligible repairs up to $50,000 or the <br />amount of eligible receipts for eligible repairs up to 51% of the 2015 value of <br />the home as shown on the Hays Central Appraisal District website. <br />- The applicant's property taxes must be current. If property taxes are not <br />current, applicant must document that one of the following alternatives will be <br />met: <br />City of San Marcos Page 5 <br />