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09-4046
| A | | Review and approval of Neighborhood Stabilization Program property acquisitions | Application | Subject: Review and approval of Neighborhood Stabilization Program property acquisitions.
Recommendation of the Loan Board of Review on 9/17/2009:
To defer action on this item. | Deferred | Pass |
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09-4016
| A | | Choose Racine Home Purchase Program | Communication | Subject: Request to establish a Choose Racine Home Purchase Program for city, county, and school district employees. (Res.09-1588)
Recommendation of the Loan Board of Review on August 20, 2009: That the Common Council establish a Choose Racine home purchase program through which eligible employees of the city, county, school district, technical college and employees of the state may purchase city-owned homes at 50% of the listed price.
Fiscal Note: The program will broaden the market for homes that are already in city ownership and listed for sale. No additional costs will be incurred because of the program. | Recommended For Approval | Pass |
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09-4047
| A | | Market Provider Agreement with Focus on Energy | Application | Subject: Request approval to enter into a Market Provider Agreement with Focus on Energy.
Recommendation of the Loan Board of Review on August 20,
2009: to approve entering into a Market Provider agreement with
Focus on Energy.
Fiscal Note: Focus on Energy will reimburse $3,000 per property
to the City upon successful completion of energy conservation
upgrades. NSP foreclosure homes purchased by the City may
be included in the energy conservation program. | | |
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09-4034
| A | | Rebecca Bentz of 3518 Osborne Blvd. | Application | Subject: Request from Rebecca Bentz of 3518 Osborne Blvd. for a home improvement loan.
Recommendation of the Loan Board of Review on August 20,
2009: to approve a home improvement loan up to $10,000 at 5%
interest for a term up to 20 years. Owner is eligible for a HOME
grant match up to $10,000. | Approved | Pass |
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09-4035
| A | | William and Eleanor Kellner of 1314 Carlton Drive | Application | Subject: Request from William and Eleanor Kellner of 1314 Carlton Drive for a home improvement loan.
Recommendation of the Loan Board of Review on August 20,
2009: To approve a home improvement loan up to $25,000 at 5%
interest for a term up to 20 years. Owners are eligilble for a HOME
grant match up to $10,000. | Approved | Pass |
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09-4040
| A | | Jon J. Peterson of 1409-1411 Grand Avenue | Application | Subject: Request from Jon J. Peterson of 1409-1411 Grand Avenue for a home improvement loan.
Recommendation of the Loan Board of Review on August 20,
2009: To approve a home improvement loan up to $10,000 at 5%
interest for a term up to 20 years. Owner is eligible for a HOME
grant match up to $10,000. | Approved | Pass |
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09-4041
| A | | Maria F. Scott of 1926 N. Wisconsin Street | Application | Subject: Request from Maria F. Scott of 1926 N. Wisconsin Street for a home improvement loan.
Recommendation of the Loan Board of Review on August 20,
2009: To approve a home improvement loan up to $25,000 at 5%
interest for a term up to 20 years. Owner is eligible for a HOME
grant match up to $10,000. | Approved | Pass |
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09-4042
| A | | Janice R. Wassil of 525 Harvey Drive | Application | Subject: Request from Janice R. Wassil of 525 Harvey Drive for a home improvement loan.
Recommendation of the Loan Board of Review on August 20,
2009: To approve a home improvement loan up to $15,000 at 5%
interest for a term up to 20 years. Owner is eligible for a HOME grant
match up to $10,000. | Approved | Pass |
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09-4052
| A | | Emma J. Barry of 1326 N. Main Street | Application | Subject: Request from Emma J. Barry of 1326 N. Main Street for a home improvement loan.
Recommendation of the Loan Board of Review on August 20,
2009: To approve a home improvement loan up to $25,000 at 5%
interest for a term up to 20 years. Owner is eligible for a HOME
grant match up to $10,000. | Approved | Pass |
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09-4043
| A | | Kenneth Kolstedt dba King's Liquor Mart, Inc. of 1106 Hamilton Street | Application | Subject: Request from Kenneth Kolstedt dba King's Liquor Mart, Inc. of 1106 Hamilton Street for a Rental Assistance loan.
Recommendation of the Loan Board of Review on August 20,
2009: To approve a rental assistance loan up to $5,000 at 5% interest
for a term up to 20 years. | Approved | Pass |
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09-4044
| A | | John Kidd of 2045 Mead Street | Application | Subject: Request from John Kidd of 2045 Mead Street for a Rental Assistance loan.
Recommendation of the Loan Board of Review on August 20,
2009: To approve a rental assistance loan in an amount up to the
After-Rehab Assessed Value (maximum $25,000) at 5% interest for
a term up to 20 years. | Approved | Pass |
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09-4045
| A | | Linda J. Young of 711 Kewaunee Street | Application | Subject: Request from Linda J. Young of 711 Kewaunee Street for a Rental Assistance Loan.
Recommendation of the Loan Board of Review on August 20,
2009: To approve a rental assistance loan up to $11,000 at 5%
interest for a term up to 20 years. | Approved | Pass |
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