0593-25
Subject: Communication sponsored by Mayor Mason, to issue a Community Development Block Grant (CDBG) home repair loan and forgivable grant to 1220 Illinois Street. Recommendation of CDBG Advisory Board on 06-09-25: To approve the CDBG home repair loan and forgivable grant to the owner of 1220 Illinois Street as presented. Fiscal Note: $36,450 is the total project cost, $18,225 is a forgivable loan, and $18,225 is a loan at 0.5% 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
- Introduced
- June 5, 2025
- Passed
- June 17, 2025
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