City of Racine - File #: 0139-20

• File #: 0139-20
• Version: A
• Type: Communication
• Status: In Committee
• File created: 2/28/2020
• In control: Community Development Authority
• Final action: 3/5/2020
• Title: Subject: Resolution 20-01 recommending that the CDA enter into a written agreement with the City of Racine for up to $100,000 to be allocated for loans to eligible microenterprises as directed by staff through the Community Development Block Grant (CDBG) Microenterprise Revolving Loan Fund, and authorize the CDA Executive Director and Chairman to execute written agreements consistent with federal regulations with eligible microenterprises.

Date	Ver.	Action By	Action	Result
3/5/2020	A	Community Development Authority	Approved	Pass

Title

Subject: Resolution 20-01 recommending that the CDA enter into a written agreement with the City of Racine for up to $100,000 to be allocated for loans to eligible microenterprises as directed by staff through the Community Development Block Grant (CDBG) Microenterprise Revolving Loan Fund, and authorize the CDA Executive Director and Chairman to execute written agreements consistent with federal regulations with eligible microenterprises.