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FINAL 2018 Housing & Community Development Action Plan
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FINAL 2018 Housing & Community Development Action Plan
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6/13/2018 10:05:46 AM
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6/13/2018 10:00:42 AM
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City Council - City Clerk
City Counci - Date
6/12/2018
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r <br /> HOME Investment Partnership Program (HOME) r <br /> Reference 24 CFR 91.220(1)(2) r <br /> 1. A description of other forms of investment being used beyond those identified in Section 92.205 is <br /> as follows: <br /> Not applicable. r <br /> 2. A description of the guidelines that will be used for resale or recapture of HOME funds when used r <br /> for homebuyer activities as required in 92.254, is as follows: <br /> See attached "ST. JOSEPH COUNTY HOUSING CONSORTIUM RECAPTURE/RESALE GUIDELINES — r <br /> REVISED September 10, 2016". <br /> 3. A description of the guidelines for resale or recapture that ensures the affordability of units r <br /> acquired with HOME funds?See 24 CFR 92.254(a)(4)are as follows: <br /> See attached "ST. JOSEPH COUNTY HOUSING CONSORTIUM RECAPTURE/RESALE GUIDELINES — r <br /> REVISED September 10, 2016". <br /> 4. Plans for using HOME funds to refinance existing debt secured by multifamily housing that is r <br /> rehabilitated with HOME funds along with a description of the refinancing guidelines required <br /> that will be used under 24 CFR 92.206(b), are as follows: r <br /> Not applicable. <br /> r <br /> r <br /> r <br /> r <br /> r <br /> r <br /> r <br /> Annual Action Plan 56 r <br /> 2018 <br /> OMB Control No:2506-0117(exp.06/30/2018) r <br />
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