The amounts shown as current year expenditures represent only the federal award portion of the program costs. Entire program costs, including the City’s portion, are more than shown. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The United States Economic Development Agency awarded a $300,000 long-term deterioration grant to the Cowlitz-Wahkiakum Council of Governments with the City of Longview contributing $100,000 for a 25% equity interest. Resources in this program are detailed below. 2025 Revolving loan balance $ 203,251 Cash and investments 381,629 $ 584,880 Loan fund administrative expenditures - Allocable amount of awards expended 584,880 Federal revoloving loan program share 75% Amount of federal awards expended 438,660
The City has a revolving loan program for low-income housing. Under the CDBG Federal Program, the City loans to qualifying participants are considered expenditures that are reported on this schedule for which the City is eligible for reimbursement. Loan repayments of principal and interest are considered program income.
The CARES Act in 2020 dedicated $5 billion in Community Development Block Grant Coronavirus (CDBG-CV) funds of which $208,990 was made available to the City. The City engaged the Cowlitz-Wahkiakum Council of Governments to administer the Micro Enterprise Job Retention Forgivable Loan program. As of the year ended December 31, 2025, $15,809 received from this program remained as loans to the qualifying recipients having not met loan forgiveness criteria.
The total amounts expended for the above programs may include federal expenditure awards passed through to subrecipients that administer their own projects.
The City of Longview earned program income while administering the Community Development Block Grant (CDBG) and the Home Improvement Partnership (HOME) Programs of $6,295.07 and $24,235, respectively. The Federal Transit Formula Grant has program income of $227,260.