Approve agreement with Community Housing Development Corporation to transfer loan program

Labor & City WorkersContractsContract

In Plain English

The city currently runs the Richmond Revolving Loan Fund, which provides grants to help residents with housing needs. The Community Housing Development Corporation will take over managing this program. The transfer allows the nonprofit to handle loan applications and distribution while the city maintains oversight.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

6 to 0

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