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Meeting Name: Loan Board of Review (inactive) Agenda status: Final
Meeting date/time: 1/24/2013 10:00 AM Minutes status: Final  
Meeting location: City Hall, Room 306
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
13-8635 A ReportsApplicationSubject: Reports A. Delinquency B. Attorney's Report C. Financial Report 1. Available Report 2. Program Loan Fund D. Monthly Activity Report E. Property Disposition ReportApprovedPass Action details Not available
13-8549 A Request to transfer 2423 and 2429 Jacato Drive to Racine Community Outpost. (Res. No. 13-0160)CommunicationSubject: (Direct Referral) Request from the Director of City Development to transfer 2423 & 2429 Jacato Drive to Racine Community Outpost. (Res. No. 13-0160) Recommendation of the Loan Board of Review on March 21, 2013: To approve dividing the lot at 2429 Jacato Drive (parcel no. 19223004) and transfer a part (as necessary) to the Community Outpost house at 2437 Jacato Drive (parcel no. 19223005) to make it a conforming lot. The remaining part of 2429 and 2423 Jacato Drive will be joined into one lot and continue to be City property. Further recommends that the property retained by the City be leased for community gardens as an interim use. Fiscal Note: Transferring and leasing the properties as recommended will reduce the cost of property maintenance (grass cutting, snow shoveling) to the City.DeferredPass Action details Not available
13-8551 A Request from the Director of City Development to amend the Policy and Procedures Manual to add an appeals process for the Neighborhood Stabilization Program. (Res. No. 13-0095)ApplicationSubject: Request from the Director of City Development to amend the Policy and Procedures Manual to add an appeals process for the Neighborhood Stabilization Program. (Res. No. 13-0095) Recommendation of the Loan Board of Review on 1-24-13: That the Common Council approve the amendment to the policies and procedures of the Neighborhood Stabilization Program to provide that parties wishing to appeal a decision of staff shall appeal the decision to the Loan Board of Review Fiscal Note: NA. This amendment was recommended by the NSP grantor agency, in case the need should arise. To date, there have been no disputes that would have used the procedure.ApprovedPass Action details Not available
13-8552 A Request from staff to establish a policy regarding applicants with foreclosures.ApplicationSubject: Request from staff to establish a policy regarding applicants with foreclosures.ApprovedPass Action details Not available
15-00622 A CDBG Grant Program (Res No. 15-0327)CommunicationSubject: (Direct Referral) A request by the Department of Housing for the use of CDBG funds to create a Home Repair Loan Match Program. (Res No. 15-0327) Recommendation of the Loan Board of Review from 7-16-15: To request that the Community Development Committee recommend to the Common Council that they allocate $136,939 for owner occupied matching grant programs and $45,646 for rental rehab matching grant projects. Recommendation of the Community Development Committee on 8-6-15: That the request for $136,939 in CDBG funds for an owner-occupied and $45,646 in CDBG funds for a rental rehab matching grant program be approved. Further, that the Mayor, City Clerk and Director of City of Development, or their designee, be authorized to execute a written agreement with the Housing Department consistent with its application and federal regulations for $182,585 of CDBG funds for the purpose of matching home repair loans within program guidelines. Fiscal Note: The Common Council has allocated amounts of $136,939 for owner-occupied properties and $45,646 for rental rehab projectsApprovedPass Action details Not available