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South B nd Redevelopment Commission <br />Regular Meeting - May 2, 1980 <br />5. OLDI BUSINESS <br />Thee was no old business to present to <br />the Commission. <br />6. NEWT BUSINESS <br />a. Commission aU rova.l requested I for 1980 <br />Revised Guidelines or't e Project <br />Rehabilitation Grant and N6h -Pro it <br />Group Grant Guidelines, as per letter <br />from 'Ws. Kat iyn Baum artA6r, <br />Director; Bureau o Housing. <br />Mrs. Baumgartner: Attached to your <br />packets are copies of the revised <br />guidelines and I would like to high- <br />light for you some of the revisions. <br />For the most part none of the guidelines <br />have been changed since 1975, so we felt <br />it was about time for some current <br />changes; not only because the economy <br />has changed but also the whole rehabil- <br />itation point of view in terms of <br />code. Concerning rehabilitation we <br />have five changes. Primarily we would <br />like to change the maximum grant from <br />$9,000 to $11,000 because the inflation <br />factor has affected everyone, and also <br />because of the interior and exterior of <br />the homes we are able to invest the <br />$9,000 previously on the interior and <br />while that may help the family, it makes <br />very little impact on the neighborhood. <br />Since we really have a dual responsi- <br />bility we think the increase will allow <br />us to do that. If in fact the amount <br />exceeds the $11,000 we will not deal with <br />that structure unless we combine it with <br />a loan. <br />Mr. Nimtz: Thank you Mrs. Baumgartner. <br />Has the staff had a chance to study these <br />guidelines? <br />Mr. Ellison: Yes. <br />Mr. Nimtz: Do you have any recommendations? <br />Mr. Ellison: I believe I made a few at a <br />meeting at one time but I believe those <br />were incorporated. <br />-3- <br />NO OLD BUSINESS <br />WAS PRESENTED <br />