03/18/2003 Resolutions 2003-77
I
I
I
RES 0 L UTI 0 N 2003-77
WHEREAS, the City of Grand Island, through the Community Projects Department,
facilitates a Rehabilitation Deferred Loan Program to assist with rehabilitation of owner-occupied
housing; and
WHEREAS, funding for the program is available through grants from the Nebraska
Department of Economic Development, Community Development Block Grant Program; and
WHEREAS, for the 2003 grant application cycle, the Nebraska Department of
Economic Development mandated guideline changes for owner-occupied rehabilitation programs;
and
WHEREAS, it is recommended that the City of Grand Island rehabilitation guidelines
be expanded in conjunction with those mandated by the Nebraska Department of Economic
Development to include a tiered payback program, specific payback guidelines for very low income
and low-to-moderate income, enhanced lead-based paint inspection requirements, provisions for a
required 10% match from the homeowner on the amount they receive for rehabilitation, expanded
applicant criteria for rating rehab needs and for program approval, and other issues of a
housekeeping, editorial nature.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the guidelines for the Rehabilitation Deferred
Loan Program be amended to as stated above.
Adopted by the City Council of the City of Grand Island, Nebraska, March 18,2003.
QJ)Cl-Q - C?OJ,{~
RaNae Edwards; City Clerk
Approved as to Form
March 18, 2003 II City Attorney