|
0185-26
| A | | CDBG Microenterprise funds to RCEDC | Communication | Subject: Communication sponsored by Mayor Mason requesting an allocation of $400,000 of CDBG Small Business funds to support the Racine County Economic Development Corporation (RCEDC) Downtown Business Attraction forgivable loan.
Recommendation of the CDBG Advisory Board on 03-16-26: To approve the allocation of $400,000 in CDBG Small Business funds for RCEDC Downtown Business Attraction forgivable loan.
Fiscal Note: There are sufficient funds available within the CDBG Available Loan Fund (ALF) Small Business account to support this allocation. | | |
Not available
|
Not available
|
|
0186-26
| A | | 2025 CAPER
2025 CAPER | Communication | Subject: Communication sponsored by Mayor Mason regarding the FY 2025 Consolidated Annual Performance and Evaluation Report (CAPER).
Staff Recommendation: Staff recommend that the CDBG Advisory Board receive and file the FY 2025 CAPER. No further action is required.
Fiscal Note: There is no budgetary impact associated with this communication. | | |
Not available
|
Not available
|
|
0187-26
| A | | 1733 Erie St. Repair Change Order | Communication | Subject: Communication sponsored by Mayor Mason to issue a revised Community Development Block Grant (CDBG) home repair loan change order to the homeowners of 1733 Erie St.
Staff Recommendation: That the CDBG Advisory Board approves the revised funding request for a CDBG Home Repair Loan and Forgivable Loan for the homeowner of 1733 Erie St.
Fiscal Note: There are sufficient funds available in CDBG HOMEOWNER FIXED INTEREST HOUSING LOAN PROGRAM, ACCOUNT #81520404 for this project. Loan payments are paid back into the fund and are considered program income. | | |
Not available
|
Not available
|
|
0188-26
| A | | 716 Belmont Ave. Repair Loan | Communication | Subject: Communication sponsored by Mayor Mason, to issue a Community Development Block Grant (CDBG) home repair loan to the owner of 716 Belmont Ave.
Staff Recommendation: That the CDBG Advisory Board approves the CDBG Home Repair Loan request for the owner of 716 Belmont Ave.
Fiscal Note: There are sufficient funds available in the CDBG Homeowner Fixed Interest Loan Account to support this request. Loan repayments are returned to the program as income and are used to support future eligible housing projects. | | |
Not available
|
Not available
|