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CMA 2026-180 · Agenda item attachment · Jun 8 2026

A communication transmitted from Yi-An Huang, City Manager, relative to the appropriation of $18,970.32 from the HOME Grant Program.

CMA 2026-180·Council meeting Jun 8, 2026·2 pages
CMA 2026-180 IN CITY COUNCIL June 8, 2026 To the Honorable, the City Council: I am hereby requesting the appropriation of HOME Grant Program Income of $18,970.32 to the Public Investment Fund Housing Department Extraordinary Expenditures account. Periodically, the Housing Department receives program income related to U.S. Department of Housing and Urban Development (HUD) grant programs. HOME Program income comes when loan repayments are made from affordable housing developments that were created with HOME funding Appropriating these funds increases the resources available to support affordable housing development. Very truly yours, Yi-An Huang City Manager
City of Cambridge A communication transmitted from Yi-An Huang, City Manager, relative to the appropriation of $18,970.32 from the HOME Grant Program.