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Subject: Communication sponsored by Mayor Mason, to issue a Community Development Block Grant (CDBG) home repair loan and forgivable loan to the owner of 2600 La Salle St.
Staff Recommendation: That the CDBG Advisory Board recommends approval of the CDBG Home Repair Loan and Forgivable Loan for the homeowner of 2600 La Salle Street as presented.
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.
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