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RM 04-23-82
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RM 04-23-82
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South Bend R development Commission <br />Regular Meet.ng - April 23, 1982 <br />6. NEW BUSINESS (Continued) <br />m. continued.... <br />Ms. aumgartner: One of them is the age at which <br />you nay apply, changing from the age of 21 to the <br />age Df 18. We also wrote in an employment criteria <br />of six months employment on the job or 2 years con - <br />tinu us employment in the same field. The final <br />Chan e is that mobile homeowners are now considered <br />as h meowners as opposed to renters. The remaining <br />guid lines will remain the same. This program is 6 <br />years old and has been really successful. We are <br />fort nate in that we have $75,000.00 to acquire <br />property this year. <br />Mr, McMahon recommended that Paragraph 5 be amended <br />to reflect that any agreement negotiated between the <br />homesteader and any home improvement contractor to <br />perform rehabilitation work will contain a provision <br />that the homesteader sign a certificate of completion <br />following an inspection by the Bureau of Housing before <br />the final payment be made. Also, that all contracts <br />between the homesteader and any home improvement con- <br />tractors be required as a no lien contract and that the <br />homesteader pay any debts incurred for work or supplies <br />connected with rehabilitation. It basically puts a no <br />lien provision in the rehabilitation contract. <br />Ms. Baumgartner stated that 12 houses are currently <br />being offered. The vast majority of them are FHA, or <br />private repossessions and foreclosures. We have pur- <br />chased 5 houses locally. To date we have had a total <br />of 140 houses and only 2 have dropped out of the pro- <br />gram. <br />Upon a motion by Mr. Robinson, seconded by Ms. Auburn <br />andunanimously carried, the Homestead Guidelines as <br />amended were approved. <br />n. Commission approval requested for adoption of Home <br />Improvement Loan Program Guidelines. <br />Mr. McMahon requested that this item be tabled until <br />the next Commission meeting. <br />o. Commission approval requested for adoption of Com - <br />munity Deve o ment Project Rebate Guidelines. <br />Upor a motion by Mr. Donaldson, seconded by Ms. <br />Aub rn and unanimously carried, the Community Devel <br />opm nt Project Rebate Guidelines were adopted. <br />-12- <br />HOMSTEAD GUIDELINES WERE <br />APPROVED <br />TABLED UNTIL MAY 14, 1982 <br />PROJECT REBATE GUIDELINES <br />WERE APPROVED <br />
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