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Home Repair Loan Match Program
Resolved, that the request for $136,939.00 in CDBG funds for an owner-occupied matching grant program and $45,646.00 in CDBG funds for a rental rehab matching grant program are approved.
Further resolved, that the Mayor, City Clerk and Director of City of Development, or their designee, are authorized to execute a written agreement with the Housing Department consistent with its application and federal regulations for $182,585.00 of CDBG funds for the purpose of matching home repair loans within program guidelines.
Fiscal Note: The Common Council has allocated amounts of $136,939.00 for owner-occupied properties and $45,646.00 for rental rehab projects per the 2015 Annual Plan.
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