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Title:
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Subject: (Direct Referral) Request by the Manager of Housing and Community Development for the reallocation of $140,000 of CDBG funds from Housing Repair Loan Program 2015 Homeowner and Rental Match to purchase and rehabilitate a two-unit residential property at 1531 Packard Avenue. (Res No. 0044-17)
Recommendation of the Community Development Committee on 2-2-2017: No recommendation. The Community Development Committee did not have a quorum at its last meeting on February 2, 2017. Those members in attendance were in favor of approval. Staff recommends that the Common Council approve the item because it is time sensitive.
Fiscal Note: There are sufficient CDBG funds available to meet this request. 2015 CDBG Homeowner and Rental Match funds will expire in June 2017. The program was allocated through Res.15-0327.
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