RM 05-02-80 - Laserfiche WebLink

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South Bond Redevelopment Commission Regular Meeting May 2, 1980 6. NEWIBUSINESS a. (continued... Mrs. Baumgartner: Concerning the grant there are a few more changes. We have increased the income guide- lines which was previously; 1) one person - $5,000 to $5,500 in increments, and we are now increasing that to $6,000. Again, because the cost of living and social security benefits have increased it is difficult for people to obtain loans. Also we are requesting that each applicant be required to present a Cer tificate of Environmental Acceptability certifying that the exterior property is devoid of abondoned vehicles, litter, trash, weeds and unkempt grass, etc. The certificate becomes part of the documentation necessary for the grant application to be processed Our last provision is an Imposition of Lien. Following the completion of the rehabilitation work on a specific property, a lien in the amount of the cost of rehabilitation will be placed on that property. Forgiveness of the lien should be granted on a percentage basis annually (20o), as long as the conditions of the grant are met. The conditions are; 1) that the property remains in the original ownership; 2) that the property is maintained, at least to the extent that the repairs made under the grant are still in evidence. Mr. Nimtz: Mrs. Baumgartner, who has to approve these guidelines besides the Redevelopment Commission? Mrs. Bauer: You are the only ones. We have already met with the Common Council and Hunan Resources earlier this week and they had no objection. Mrs. Baumgartner: The non - profit guidelines have four major changes. Bonafide non- profit groups with an interest in improving neighbor - hood housing conditions are encouraged to apply for grants under the Community Development Housing Rehabilitation Assistance Plan. M