Transfer $726,892 loan fund to housing nonprofit
$726,892.35
Resolution 107-19
In Plain English
The city received this federal grant money to make loans for economic development projects. The Community Housing Development Corporation will now manage these funds instead of city staff. If approved, the nonprofit can use this money to provide low-interest loans for affordable housing projects.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
6 to 0
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