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Subject: (Direct Referral) Communication from the Department of City Development on behalf of Racine Revitalization Partnership requesting HOME Community Housing Development Organization operating funds. (Res No. 0239-17)
Recommendation of the Community Development Staff on 6-29-17: That the request from the Department of City Development on behalf of Racine Revitalization Partnership for HOME Community Housing Development Organization operating funds be approved. Further, that the Mayor and City Clerk be authorized to execute a written agreement with Racine Revitalization Partnership consistent with their application and federal regulations for $50,210 of HOME Community Housing Development Organization operating funds.
Fiscal Note: There are sufficient HOME funds available for this request. Funds must be committed before July 31, 2017.
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