0744-2025
To authorize the amendment of Ordinance 1564-2024 which was approved by City Council on July 5, 2024 to reduce the funding amount of the 2023 HOME Investment Partnerships Program grant funding in an mount up to ($79,487.00) as well as authorizes the expenditure in an amount up to $100,613.00 of 2018 HOME Investment Partnerships Program (HOME) entitlement grant funds of HOME Investment Partnerships Program (HOME) grant from the U.S. Department of Housing and Urban Development; and to authorize the Director of the Department of Development to enter into a commitment letter, loan agreement, promissory note, mortgage, restrictive covenant, and authorizes the city to act as a lender for this project with the Homes on the Hill Community Development Corporation to construct a single family home in an amount up to $291,317.00; and declare emergency. ($100,613.00).
- Committee
- Housing, Homelessness, & Building Committee
- Requested by
- Dev Drafter
- Introduced
- March 12, 2025
- On agenda
- April 7, 2025
- Passed
- April 11, 2025
Where it was heard
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