Title:
|
Subject: (Direct Referral) Communication from the Department of City Development on behalf of National Church Residences requesting HOME funding for the rehabilitation of Mount Pleasant Manor, 2250 Layard Avenue.(Res. No. 0221-17)
Recommendation of the Community Development Committee on 6-8-17: That the request by National Church Residences for a loan of $400,000.00 for the rehabilitation of Mount Pleasant Manor, 2250 Layard Avenue be approved and that the Mayor and City Clerk be authorized to enter into a contract with National Church Residences consistent with its application and all applicable federal regulations.
Fiscal Note: There are sufficient HOME funds available to meet this request.
|