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Subject: Communication sponsored by Mayor Mason to issue a Community Development Block Grant (CDBG) Home repair loan and a forgivable CDBG grant to Ozella Hill of 515 Ninth Street for home repairs.
Staff Recommendation: Staff recommends that the CDBG Advisory Board recommend approval of the CDBG Home Repair Loan for $10,000.00 @ 3% interest and a $10,000.00 forgivable grant for 515 Ninth Street.
Fiscal Note: There are sufficient CDBG funds for this project. Loan payments will be paid to the CDBG revolving loan fund.
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