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File #: 1159-25    Version: A Name:
Type: Communication Status: In Committee
File created: 11/10/2025 In control: Community Development Block Grant Advisory Board
On agenda: Final action:
Title: Subject: Communication sponsored by Mayor Mason, to issue a revised Community Development Block Grant (CDBG) home repair loan and forgivable loan to the owner of 1449 Douglas Ave. Staff Recommendation: That the CDBG Advisory Board approves the revised funding request for a CDBG Home Repair Loan and Forgivable Loan for the homeowner of 1449 Douglas Ave. Fiscal Note: There are sufficient funds available in CDBG HOMEOWNER FIXED INTEREST HOUSING LOAN PROGRAM, ACCOUNT #81520404 for this project. Loan payments are paid back into the fund and are considered program income.
Attachments: 1. ABM_1449 Douglas_CO
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Title

 

Subject: Communication sponsored by Mayor Mason, to issue a revised Community Development Block Grant (CDBG) home repair loan and forgivable loan to the owner of 1449 Douglas Ave.

 

Staff Recommendation: That the CDBG Advisory Board approves the revised funding request for a CDBG Home Repair Loan and Forgivable Loan for the homeowner of 1449 Douglas Ave.

 

Fiscal Note:  There are sufficient funds available in CDBG HOMEOWNER FIXED INTEREST HOUSING LOAN PROGRAM, ACCOUNT #81520404 for this project. Loan payments are paid back into the fund and are considered program income.