HomeMy WebLinkAboutEDA RES 2011-13FDA RESOLUTION NO. 2011-13
A RESOLUTION APPROVING FUNDING FORTH INGLE FAMILY
DEFE,RRED LOAN PROGRAM (S35,000)
WHEREAS, since 2002 the Greater Metropolitan I lousing Corporation (GM11C)
has provided housing consulting services for the City of"Columbia Heights, and
WHEREAS, over time the majority oftheir service time has, centered on the
City's Rehabilitation Incentive Program and the City's Deferred Iman Program process,
and
WHEREAS, in 2011 the City's Community Development Department, in order
to provide better service for the residence ofthe community, has taken over the duties of
providing information and implementing these programs, and
WHEREAS, this resolution seeks to authorize and provide additional funds for
the continuation of the City's Deferred Loan Program, to be administered by the City,
NOW THEREFORE BE IT RESOLVED
'I'll ERE FOR E, BE ITRES( LVI"D, that the FDA allocates $35,000 I:or tile Single
l"amily Deferred 1-man (SI'DL) Program frorn Fund 420 — Capi.tal.In (
Development Fund. 1>t- vernent
7
Passed this, 6'n' Day of September
President, Gary Peterson
Walter Felist, Executive Director