Sponsor
Alderman Spangenberg
Title
Permission granted for the Director of City Development to apply for the Wisconsin Department of Commerce, Housing and Economic Recovery Act, Neighborhood Stabilization Program Grant
Resolved, that permission be granted for the Director of City Development apply for the Wisconsin Department of Commerce, Housing and Economic Recovery Act, Neighborhood Stabilization Program (Grant Control No. 2009-078) in the amount of $1,491,025 to be utilized for acquisition, rehabilitation, and redevelopment of foreclosed and abandoned residential properties.
Fiscal Note: No match required on the part of the City.