To authorize the appropriation and expenditure of up to $255,266.44 from the 2024 HOME Investment Partnerships Program (HOME) grant; and to authorize the Director of the Department of Development to enter into a HOME commitment letter, loan agreement, promissory note, mortgage, and restrictive covenant with individual homebuyers who access the American Dream Downpayment Assistance (ADDI) program. ($255,266.44)

What this record is

Amount

$255K

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

contract

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Read automatically from the title of the official record. The source document below is authoritative.

Committee

Housing, Homelessness, & Building Committee

Requested by

Dev Drafter

Introduced

October 23, 2024

On agenda

November 25, 2024

Passed

November 27, 2024

Where it was heard

Columbus City Council Nov 25, 2024 Approved Pass Columbus City Council Nov 18, 2024 Read for the First Time

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