Schedule of Expenditures and Outcomes
Schedule of Expenditures and Outcomes VIHFA maintains a schedule of expenditures and outcomes, periodically updated in accordance with its mandatory reporting to HUD. In accordance with the requirements of the Federal Register notice, these projections will be monitored and updated to achieve compliance with the following: 50 percent of funds will benefit low-and-moderate income persons 50 percent of funds will be expended within six years 100 percent of funds will be expended within twelve years of HUD’s execution of the grant agreement CDBG-MIT Expenditure Timeline Infrastructure & Public Facilities Community Resilience and Public Facilities $10M $22.5M $30M $17.5M $15M $5M Critical and Natural Infrastructure $27.6M $46M $64.4M $64.4M $55.2M $36.8M $27.6M $18.4M $18.4M $9.2M Economic Resilience & Revitalization Commercial Hardening and Financing $1.2M $1.8M $2.4M $2.4M $1.2M $1.2M $600K $600K $300K $300K Small Business Mitigation $1M $2.4M $2.4M $1M Entrepreneurship Resilience and Innovation Program $3.2M $3.6M $600K $600K Workforce Development Mitigation Program $3.2M $3.6M …
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