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1998-090
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3/3/2016 9:38:39 PM
Creation date
1/7/2016 4:35:55 PM
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Resolutions
Resolution Number
1998-090
Approved Date
09/01/1998
Resolution Type
Amending Local Housing Assistance Plan for FY 98-99 & 99-2000
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Section 6. <br /> The following table indicates the average and maximum per unit <br /> SHIP funds allowable for each strategy: <br /> STRATEGY AVERAGE LOAN AMOUNT MAXIMUM LOAN AMOUNT <br /> Impact Fee Grant 5,000.00 7, 500.00 <br /> Impact Fee Loan 5,000 .00 7, 500.00 <br /> Downpayment/Closing 10,000 .00 15, 000.00 <br /> Cost Loan <br /> Rehabilitation Loan 14,000.00 20, 000.00 <br /> Rehabilitation Grant 14,000.00 20, 000.00 <br /> Land Acquisition 7,500.00 10, 000.00 <br /> Loan <br /> Land Bank-Market 7,500.00 10, 000.00 <br /> Purchase Loan <br /> Land Bank-Tax Deed 7,500. 00 10, 000.00 <br /> Purchase Loan <br /> The foregoing resolution was offered by Commissioner Eggert , <br /> and seconded by Commissioner Adams and being put to a vote, <br /> the vote was as follows: <br /> Chairman, John W. Tippin -Aye <br /> Vice Chairman, Kenneth R. Macht �e <br /> Commissioner, Caroline D. Ginn ILe <br /> Commissioner, Carolyn K. Eggert <br /> Commissioner, Fran B. Adams Aye <br />
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