RM 04-03-69 - Laserfiche WebLink

Home Browse Search

4. BUSINESS (Cont'd the interim, a home on 2622 W- Napier Street has - become vacant and can be porchased for approx - mately $1,500, plus taxes. ,The Rehabilitation staff- feel s this home can be rehabilitated_; 'for the 'Reloca- tion 0 fice use and placed`in excellent condition; which oul d be resold for a single family-use when no longer needed for a site office - There is'ade- quate oom for expansion =of the Ge fora four- bedroom unit on completion-of the rehabilitation work. Mr. Helmen.stated the 318 S.'Dundee rehabili- tation is too high. Mr. Bellinger requested aothorization,to purchase the ho se at 2622 W. Napier, for an acquisition price f $1,500, plus taxes and authoiiiation to procee with the rehabilitatidCa ' as requested, : -and purchase the house at 318 S: DGndee!Street through the no al Federally- assisted approach. On 156tion by Mr. Helmen, seconded by Rev:- Williams authori- zation was given to purchase, with District Capital Funds, the house at 2622. W' :Napier : Street and` to proceed with rehabilitation, and to purchase the substa dard dwelling at 318 S. Dundee-Street-through., the normal procedure. The "ayes" were unanimous by all Commissioners f. LaSalle Park Rehabilitation =Pro ert Mr: LASALLE;PARK URBAN Bellin er apprised the,Commission of the proposal RENEWAL PROJECT, and po si- bi'lity'of selling certain substandard 'R -57 dwelli gs i -n the LaSalle Park Urban Renewal ;Pro- ject 9 o the Greater South'Bend'Housing Corporation, who will rehabilitate these homes under the non- profit 221(h) program, and, in turn, 'Sell the'rehabi- litated properties to low- income families, with 3% financing. He stated the Greater South Be "nd Housing Corporation has certain .latitudes and funds -to under- take these kinds of programs <The sale of these properties to the Greater•South Bend Housing Corpo ration would have to be through public offering. Mr. Bellinger stated further inVestigation- must be undertaken -in order to assure the success of this undettaking. Oh- motion by Mr. Wilhelm, seconded by Rev. Williams, the staff was authorized to pro- ceed with the necessary -steps in hopes of ach1evirg the obj ctivesof further rehabi- litation work An collaboration with the Greater. South Bend Housing Corporation.