Title:
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Subject: (Direct Referral) Amendment of Res No. 0240-17 to authorize up to an additional $50,000 of HOME funds to Racine Revitalization Partnership (RRP) for rehabilitation of two rental units at 1418 Washington Avenue, for a total of up to $235,957.
Recommendation from the Community Development Committee on February 21, 2019: That the Mayor and City Clerk be authorized to execute an amendment to the written agreement with Racine Revitalization Partnership consistent with their application and federal regulation for up to a total of $235,957 of HOME funds.
Fiscal Note: There are sufficient HOME funds for this item. The total funding allocation of $235,957 is inclusive of the funds previously allocated under Resolution No. 0240-17.
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