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HomeMy WebLinkAboutEDA RES 2007-28 EDA RESOLUTION NO. 2007-28 A RESOLUTION APPROVING FUNDING FOR THE REHAB INCENTIVE PROGRAM ($45,137) AND THE SINGLE-FAMILY HOME DEFERRED LOAN PROGRAM (SFHD) ($30,643) TO THE GREATER METROPOLITAN HOUSING CORPORATION (GMHC) WHEREAS, the Columbia Heights Economic Development Authority (EDA) through its Comprehensive Plan has established as a goal the preservation of the single-family housing stock. WHEREAS, the EDA approved the Housing Maintenance Plan 2008-2017 to improve and maintain the residential homestead housing stock. WHEREAS, the Greater Metropolitan Housing Corporation has agreed to provide consulting services. WHEREAS, the Greater Metropolitan Housing Corporation has provided housing preservation services since 2002. THEREFORE, BE IT RESOLVED, that the EDA allocates $45,137 for the Rehab Incentive Program and $30,643 for the Single-Family Home Defell'ed Loan Program to the Greater metropolitan Housing Corporation from Fund 207 - Housing Maintenance Programs. Passed this .;2 7 day of )/O//Q./",,j,,,---; 2007. Offered by: Seconded by: Roll Call: .-----_.