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The Annual Action Plan Substantial Amendment - City of Pontiac

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(9) Projected Start Date: June 1, 2011<br />

(10) Projected End Date: May 31, 2014<br />

(11) Specific Activity Requirements:<br />

For acquisition activities, include:<br />

• discount rate<br />

For financing activities, include:<br />

• range <strong>of</strong> interest rates<br />

For housing related activities, include:<br />

• duration or term <strong>of</strong> assistance;<br />

• tenure <strong>of</strong> beneficiaries--rental or homeownership;<br />

• a description <strong>of</strong> how the design <strong>of</strong> the activity will ensure continued affordability<br />

<strong>The</strong>se issues are not applicable to program administration.<br />

21

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