To authorize the Director of the Department of Development to forgive the principal and accrued interest on a unit by unit basis for The Greater Linden Homes Limited Partnership on a HOME loan due to the City of Columbus totaling approximately $1,135,489.00 as homes are sold to existing tenants or low-income homebuyers. To reduce the interest rate on the current balance of the loan to zero. ($1,135,489.00)

Committee

Housing, Homelessness, & Building Committee

Requested by

Dev Drafter

Introduced

May 20, 2024

On agenda

June 10, 2024

Passed

June 13, 2024

Where it was heard

Columbus City Council Jun 10, 2024 Approved Pass Columbus City Council Jun 3, 2024 Read for the First Time

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