(1) Expenditure of C.D.B.G. Program funds shall be made only as specified in the annual Community Development Plan (the "CD Plan"), or any CD Plan amendments properly adopted by Council in compliance with the requirements of Subsections 21-1105(3) and (4) of this Chapter.

(2) The CD Plan shall be prepared by the Office of Housing and Community Development for the City of Philadelphia (O.H.C.D.) and shall contain the following elements:

(a) A description of the geographic boundaries of each project O.H.C.D. intends to fund;

(b) A comprehensive assessment of the community development needs of the very low, low and moderate income population, including the social and economic characteristics of each area in which C.D.B.G. Program funds are to be spent and an enumeration of each neighborhood that will be affected or served by a project the City intends to fund;

(c) An explanation of how very low, low and moderate income residents and families in each area affected or served will benefit directly from each project;

(d) An explanation of how minority residents and families in each area affected or served will benefit from each project;

(e) A detailed Housing Assistance Plan which shall contain an accurate analysis of the housing needs of very low, low and moderate income households of each area in which C.D.B.G. Program funds will be spent, and an explanation of how C.D.B.G. Program funds will be used to meet those needs;

(f) The amount of money allocated for each project;

(g) An estimate of the cost of administering each project;

(h) An estimate of general administrative costs;

(i) An anti-displacement strategy including the program activities and specified measures the City will undertake to either prevent or alleviate the displacement of very low, low and moderate income residents.

(j) An assessment of the yearly needs of the homeless population in the City, and a listing of the public and private agencies that provide shelter to the homeless, including, for each such agency, an estimate of the number of people provided for and the geographical area served, if applicable.^[27]