City of Racine - File #: 0922-16

• File #: 0922-16
• Version: A
• Name: HOME Funds $250,000.00 (Res No. 0390-16)
• Type: Communication
• Status: Passed
• File created: 10/26/2016
• In control: Community Development Committee
• Final action: 11/15/2016
• Title: Subject: (Direct Referral) A request from the Department of Housing for the use of $250,000.00 of HOME funds to build a single family house at 1437 Owen Avenue. (Res No. 0390-16) Recommendation of the Community Development Committee on 10-27-16: That the request to use $250,000.00 of HOME funds to for the purpose of building a single-family house for sale to an eligible homebuyer at 1437 Owen Avenue be approved. Further that the Mayor, City Clerk, and Director of City Development be authorized to execute a written agreement with the Housing Department consistent with its application and federal regulations. Fiscal Note: There are sufficient HOME funds available to meet this request.
• Related files: Res.0390-16

Date	Ver.	Action By	Action	Result
11/15/2016	A	Common Council	Approved as Presented	Pass
10/27/2016	A	Community Development Committee

Title

Subject: (Direct Referral) A request from the Department of Housing for the use of $250,000.00 of HOME funds to build a single family house at 1437 Owen Avenue. (Res No. 0390-16)

Recommendation of the Community Development Committee on 10-27-16: That the request to use $250,000.00 of HOME funds to for the purpose of building a single-family house for sale to an eligible homebuyer at 1437 Owen Avenue be approved.

Further that the Mayor, City Clerk, and Director of City Development be authorized to execute a written agreement with the Housing Department consistent with its application and federal regulations.

Fiscal Note: There are sufficient HOME funds available to meet this request.