HomeMy WebLinkAboutEDA RES 2009-02EDA RESOLUTION NO. 2009 -02
A RESOLUTION APPROVING FUNDING FOR THE REHAB INCENTIVE
PROGRAM ($50,000) AND THE SINGLE - FAMILY HOME DEFERRED LOAN
PROGRAM (SFHD) ($35,000) 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 $50,000 for the Rehab
Incentive Program and $35,000 for the Single- Family Home Deferred Loan
Program to the Greater Metropolitan Housing Corporation from Fund 408 — EDA
Housing Maintenance Funding.
Passed this a7 day of , 2009.
Offered by:
Seconded by:
Roll Call:
Walter R. Fehst, txecu66 Director