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09-3407
| A | | Request for changes in terms and conditions of rental rehabilitation loans. | Communication | Subject: Request from Racine Mutual Housing Association for
changes in terms and conditions of rental rehabilitation loans.
Recommendation of the Loan Board of Review on May 28, 2009:
To approve Racine Mutual Housing Association's request to change
terms and conditions of the rental rehab loans as agreed upon in the
RMHA Forbearance Agreement with the following changes to the
agreement:
First, under Duties of the City, paragraph 2, it should be understood
that all matters listed in the Forbearance Agreement should be
considered city issues for which the City Representative would be
present.
Second, under Duties of RMHA, item 1-k. should read "Properties sold
during the quarter."
Last, under 2. Policy Update, RMHA to put their policies in writing,
upon acceptance by their board, all should be reflected in their board
minutes. | Deferred | Pass |
Action details
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09-3441
| A | | Barbara Paap of 2335 Meachem Stree | Application | Subject: Request from Barbara Paap of 2335 Meachem Street to
modify her loan status.
Recommendation of the Loan Board of Review on April 16, 2009:
To approve the loan modification; the loan will be changed to deferred
status, effective April 1, 2009. | Approved | Pass |
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Not available
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09-3434
| A | | Audrey Crozier of 2933 Winthrop Avenue | Application | Subject: Request from Audrey Crozier of 2933 Winthrop Avenue for a home improvement loan.
Recommendation of the Loan Board of Review on April 16, 2009:
To approve a home improvement 3% deferred loan up to $25,000 for
a term up to 20 years. | Approved | Pass |
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Not available
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09-3435
| A | | Melissa F. Nelson of 200 Virginia St. | Application | Subject: Request of Melissa F. Nelson of 200 Virginia St. for a home improvement loan.
Recommendation of the Loan Board of Review on April 16, 2009:
To approve a home improvement loan at 5% interest, in an amount up
to $5,000 for a term up to 10 years. | Approved | Pass |
Action details
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Not available
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09-3433
| A | | John and Sherrie Dorn of 1642 Villa St. | Application | Subject: Request from John and Sherrie Dorn of 1642 Villa St., for a Rental Assistance loan.
Recommendations of the Loan Board of Review on April 16, 2009:
To approve a Rental Assistance loan at 5%, in an amount up to
$30,000 for a term up to 20 years. | Approved | Pass |
Action details
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Not available
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