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Subject: Communication sponsored by Mayor Mason, to issue a Racine Energy Efficiency Program (REEP) loan to the owner of 2055 Center Street for home energy efficiency repairs.
Staff Recommendation: That the CDBG Advisory Board recommends approval of the REEP home energy efficiency repair loan for the owner of 2055 Center Street, as presented.
Fiscal Note: There are sufficient REEP and REEP Piggyback funds available in EECBG LOANS, ACCOUNT #28220310 and EECBG PIGGYBACK, ACCOUNT #28320412 for this project. Loan payments are paid back into the fund and are considered program income.
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