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5 <br /> Funds Expended <br /> The funds shown in the following chart were expended during the time period of July 1, 2024 through <br /> June 30, 2025.The only expenditures from Program Year(PY) 2024 funds were for administration; all <br /> other funds expended were prior program year funds that had not been drawn down until this time <br /> period. <br /> HOME Match <br /> PY 2024 $67,524.22 $16,881.06 <br /> PY 2023 $102,024.82 $94,939.60 <br /> PY 2022 $0 $0 <br /> PY 2021 $50,000.00 $88,250.00 <br /> PY 2020 $0 $0 <br /> PY 2019 $101,788.00 $25,447.00 <br /> Total Funds Expended $321,337.04 $225,517.66 <br /> Regulatory Caps and Set Asides <br /> Orange County's program administration expenditures were within the regulatory cap for the HOME <br /> programs. This is shown in the table below: <br /> HOME <br /> PY 2024 Entitlement Grant $367,014.00 <br /> PY 2024 Program Income $13,306.32 <br /> Administrative Cap Percentage 10% <br /> Maximum Allowable Expenditures $36,701.40 <br /> Total Administration Expenditure $36,701.40 <br /> Administrative Percentage 10% <br /> HOME CHDO Set-Aside <br /> The Consortium expended $0 of its PY 2024 CHDO funds during this CAPER period. <br /> HOME <br /> PY 2024 Entitlement Grant $367,014.00 <br /> CHDO Set-Aside Minimum Percentage 15% <br /> Minimum Allowable Set-Aside $49,547 <br /> Actual CHDO Set-Aside $49,547 <br /> Program Year 2024 HOME Budget <br /> The Orange County HOME Consortium received $367,014.00 in HOME entitlement funds for Program <br /> Year(PY) 2024. The Consortium also received $28,306.00 in HOME program income and Consortium <br /> members collectively provided $96,636.28 in HOME Match. <br /> 4 <br />