Sponsor
Alderman Helding
Title
Changes to the HOME Grant for the Faith Builds Community Housing and Homeownership Expansion Initiative
Resolved, that the changes, as described in the Director's memorandum dated August 14, 2012, to the HOME grant for the construction of a single-family home on the vacant lot at 61 Riverside Drive be approved; and that the Mayor and City Clerk be authorized to execute an amendment to the grant agreement incorporating the changes; and that St. Paul Community and Economic Development Corporation provide a report to the Committee in two weeks on its Community Development Block Grant funding.
Fiscal Note:The changes increase the HOME grant by $76,000 to a total grant of $176,000. HOME funds are available for the increase.