0022-25
Subject: Communication sponsored by Mayor Mason requesting up to $373,600.00 for new construction of a single-family building on City-owned property at 1644 S Memorial Dr. Recommendation of the CDBG Advisory Board on 01-13-25: To approve the use of up to $373,600.00 in HOME funds to redevelop the property at 1644 S Memorial Drive and sell to a HOME-eligible homeowner. Fiscal Note: There are adequate HOME Funds available to cover the $373,600 cost for the new construction of the home. Any income generated from the sale of the improved property will be reinvested into the HOME Fund.
- Committee
- Community Development Block Grant Advisory Board
- Requested by
- City Development Department
- Introduced
- January 7, 2025
- On agenda
- January 21, 2025
- Passed
- January 21, 2025
Watch Racine
Say what matters to you — a street, a company, a subject — and we will email you when Racine files something about it.
Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.