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0864-24
| A | | HOME TBRA to DeKoven Center for HALO Renovations | Communication | Subject: Communication sponsored by Mayor Mason, to allocate up to $25,000 in HOME Tenant-Based Rental Assistance (TBRA) funds to relocate displaced HALO clients to the DeKoven Center.
Recommendation of the CDBG Advisory Board on 10-14-24: To approve the allocation of up to $25,000 in HOME TBRA funds to HALO.
Fiscal Note: There are sufficient HOME funds available to fund this request. | Recommended For Approval | Pass |
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0866-24
| A | | 1912 Grand Ave. CDBG Loan | Communication | Subject: Communication sponsored by Mayor Mason, to issue a Community Development Block Grant (CDBG) home repair loan and a forgivable grant to the owner of 1912 Grand Ave.
Recommendation of the CDBG Advisory Board on 10-14-24: To approve the terms as presented for the CDBG home repair loan and forgivable grant to the owner of 1912 Grand Ave.
Fiscal Note: $28,566.18 is the total project cost, $14,283.09 is a grant, and $14,283.09 is a loan at 0.75% interest. There are sufficient funds available in the CDBG Revolving Loan Fund. | Recommended For Approval | Pass |
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0868-24
| A | | 1025 Melvin Ave. CDBG Loan | Communication | Subject: Communication sponsored by Mayor Mason to issue a Community Development Block Grant (CDBG) home repair loan and a forgivable grant to the owner of 1025 Melvin Ave.
Recommendation of the CDBG Advisory Board on 10-14-24: To approve the terms as presented for the CDBG home repair loan and forgivable grant to the owner of 1025 Melvin Ave.
Fiscal Note: $14,548.14 is the total project cost, $7,274.07 is a grant, and $7,274.07 is a loan at 0.75% interest. There are sufficient funds available in the CDBG Revolving Loan Fund. | Recommended For Approval | Pass |
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