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South Bend Redevelopment Commission <br />Regular Meeting - October 6, 1995 <br />6. NEW BUSINESS (Cont.) <br />g. Commission approval requested for Loan <br />and Grant in connection with the <br />Affordable Loan Program through the <br />Bureau of Housing for property located <br />at 3315 Pleasant Avenue. ( Clura Jones) <br />Mrs. Kolata noted that this loan is in the <br />amount of $1,500.00 at 0% interest for 5 <br />years. Monthly payments are $25.00. The <br />grant is in the amount of $1,453. 10. The <br />staff recommends approval. <br />Upon a motion by Mr. Hojnacki, seconded <br />by Mr. Donoho and unanimously <br />carried,the Commission approved the Loan <br />and Grant in connection with the <br />Affordable Loan Program through the <br />Bureau of Housing for property located at <br />3315 Pleasant Avenue. ( Clura Jones) <br />h. Commission approval requested for Loan <br />and Grant in connection with the <br />Affordable Loan Program through the <br />Bureau of Housing for property located <br />at 525 Pulaski. (Clara Ridenour) <br />Mrs. Kolata noted that this loan is in the <br />amount of $5,250.00 at 0% interest for 5 <br />years. Monthly payments are $87.50. The <br />grant is in the amount of $5,091.90. The <br />staff recommends approval. <br />Upon a motion by Mr. Hojnacki, seconded <br />by Mr. Donoho and unanimously carried, <br />the Commission approved the Loan and <br />Grant in connection with the Affordable <br />Loan Program through the Bureau of <br />-13- <br />COMMISSION APPROVED THE LOAN AND <br />GRANT IN CONNECTION WITH THE <br />AFFORDABLE LOAN PROGRAM THROUGH <br />THE BUREAU OF HOUSING FOR PROPERTY <br />LOCATED AT 3315 PLEASANT AVENUE. <br />(CLURA JONES) <br />COMMISSION APPROVED THE LOAN AND <br />GRANT IN CONNECTION WITH THE <br />AFFORDABLE LOAN PROGRAM THROUGH <br />THE BUREAU OF HOUSING FOR PROPERTY <br />LOCATED AT 525 PULASKI. (CLARA <br />RIDENOUR) <br />