Laserfiche WebLink
South Bend Redevelopment Commission <br />Regular Meoting - April 28, 1989 <br />6. NEW DMINESS (Cont.) <br />d. continued... <br />i Freidline John Freidline <br />W. Washington <br />n <br />,905,909 INW <br />$ 96,876.00 <br />$108,000.00 <br />Mys. Kolata noted that the Commission <br />would like to postpone until the next <br />meting consideration of the Rental <br />Rehab loan for the property located at <br />8 3 W. Washington. <br />. Nimtz asked if there was any <br />jection to postponing consideration of <br />is until the next meeting. There was <br />objection and the item was continued. <br />Kolata asked Ms. Shabazz to explain <br />unique financing arranged for this <br />tal rehab loan at 901, 905, and 909 <br />mlriwav West. <br />Shabazz explained that the <br />erties are three duplexes. The Job <br />ning Program is contributing to the <br />.ing because the building trades will <br />raining electricians, plumbers, etc. <br />na the course of the rehab. <br />Kolata noted that this is a pilot <br />ram with the Building Trades /= <br />lvement. She ccuplemented Mark <br />ho of the IBEW for all the time and <br />rt he has put into making this <br />ect work. <br />Ms. Kolata noted that the C mmission is <br />being asked to approve the $45,000 <br />Rental Rehab Lean and to award the rehab <br />$52,800 (private) <br />$44,500 (public) <br />$18,680 (private) <br />$45,000 (public) <br />$18,680 (CDBG) <br />$36,440 (JTP) <br />