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File #: 0126-25    Version: A Name: 1202 Main St. CDBG Loan
Type: Communication Status: In Committee
File created: 2/5/2025 In control: Community Development Block Grant Advisory Board
On agenda: Final action:
Title: Subject: Communication sponsored by Mayor Mason to issue a Community Development Block Grant (CDBG) home repair loan and a forgivable loan to 1202 Main Street. Staff Recommendation: That the CDBG Advisory Board recommends approval of the CDBG Home Repair Loan and Forgivable Loan for 1202 Main Street as presented. Fiscal Note: There are sufficient CDBG funds for this project. Loan payments will be repaid to the CDBG repair revolving loan fund.

Title

Subject: Communication sponsored by Mayor Mason to issue a Community Development Block Grant (CDBG) home repair loan and a forgivable loan to 1202 Main Street.                     

 

Staff Recommendation: That the CDBG Advisory Board recommends approval of the CDBG Home Repair Loan and Forgivable Loan for 1202 Main Street as presented.

 

Fiscal Note: There are sufficient CDBG funds for this project. Loan payments will be repaid to the CDBG repair revolving loan fund.