City of Racine - File #: 0580-24

• File #: 0580-24
• Version: A
• Name: 1720 Grand Ave. Repair Loan
• Type: Communication
• Status: Passed
• File created: 7/3/2024
• In control: Community Development Block Grant Advisory Board
• On agenda: 7/16/2024
• Final action: 7/16/2024
• Title: Subject: Communication sponsored by Mayor Mason to issue a Community Development Block Grant (CDBG) Home repair loan and a forgivable grant for repairs to be completed on 1720 Grand Avenue. Recommendation of the Community Development Block Grant Advisory Board on 07-08-24: To approve the CDBG Home Repair Loan and forgivable grant for 1720 Grand Avenue as presented. Fiscal Note: There are sufficient CDBG funds for this project. Loan payments will be paid to the CDBG revolving loan fund.

Date	Ver.	Action By	Action	Result
7/16/2024	A	Common Council	Approved
7/8/2024	A	Community Development Block Grant Advisory Board	Recommended For Approval	Pass

Title

Subject: Communication sponsored by Mayor Mason to issue a Community Development Block Grant (CDBG) Home repair loan and a forgivable grant for repairs to be completed on 1720 Grand Avenue.

Recommendation of the Community Development Block Grant Advisory Board on 07-08-24: To approve the CDBG Home Repair Loan and forgivable grant for 1720 Grand Avenue as presented.

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