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File #: 09-4582    Version: A Name: Director of City Development request to apply for the Neighborhood Stabilization Program in the amount of $1,491,025 to be utilized for acquisition, rehabilitation, and redevelopment of foreclosed and abandoned residential properties.
Type: Communication Status: Passed
File created: 12/18/2009 In control: Finance and Personnel Committee
On agenda: Final action: 1/5/2010
Title: Subject: (Direct Referral) The Director of City Development request to apply for the Wisconsin Department of Commerce, Housing and Economic Recovery Act, Neighborhood Stabilization Program in the amount of $1,491,025 to be utilized for acquisition, rehabilitation, and redevelopment of foreclosed and abandoned residential properties. (Res.09-1775) Recommendation of the Finance & Personnel Committee on 12-21-09: Permission be granted for the Director of City Development apply for the Wisconsin Department of Commerce, Housing and Economic Recovery Act, Neighborhood Stabilization Program (Grant Control No. 2009-078) in the amount of $1,491,025 to be utilized for acquisition, rehabilitation, and redevelopment of foreclosed and abandoned residential properties. Fiscal Note: No match required on the part of the City.
Attachments: 1. WI NSP Reallocated & Incentive Funds
Related files: Res.09-1775
Title
Subject: (Direct Referral)  The Director of City Development request to apply for the Wisconsin Department of Commerce, Housing and Economic Recovery Act, Neighborhood Stabilization Program in the amount of  $1,491,025 to be utilized for acquisition, rehabilitation, and redevelopment  of foreclosed and abandoned residential properties.  (Res.09-1775)
 
Recommendation of the Finance & Personnel Committee on 12-21-09:  Permission be granted for the Director of City Development apply for the Wisconsin Department of Commerce, Housing and Economic Recovery Act, Neighborhood Stabilization Program  (Grant Control No. 2009-078) in the amount of  $1,491,025 to be utilized for acquisition, rehabilitation, and redevelopment of foreclosed and abandoned residential properties.
 
Fiscal Note:  No match required on the part of the City.