0376-25
Subject: Communication sponsored by Mayor Mason, to issue a Community Development Block Grant (CDBG) home repair loan and forgivable loan to 2304 West Lawn Avenue. Staff Recommendation: That the CDBG Advisory Board approves the CDBG Home Repair Loan for 2304 West Lawn Avenue as presented. Fiscal Note:Fiscal Note: $42,450.94 is the total project cost, $21,225.47 is a forgivable loan, and $21,225.47 is a loan at 0.75% interest. There are sufficient funds in the CDBG Revolving Loan Fund. Loan payments will be paid to the CDBG revolving loan fund.
- Committee
- Community Development Block Grant Advisory Board
- Requested by
- City Development Department
- Introduced
- April 4, 2025
- On agenda
- April 14, 2025
- Passed
- April 14, 2025
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