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South Bend Redevelopment Commission <br />Regular Meeting - September 19, 1997 <br />6. NEW BUSINESS (CONT.) <br />b. Commission approval requested for <br />Loan and Grant in connection with the <br />Affordable Loan Program for property <br />located at 4313 W. Washington. <br />(Yolanda and Larry Green) <br />Ms. Kolata noted that the loan to Yolanda <br />and Larry Green is in the amount of <br />$4,819.98 at 4% interest for 12 '/2 years <br />with monthly payments of $97.55. The <br />grant is in the amount of $11,500. <br />Upon a motion by Mr. Faccenda, seconded <br />by Ms. Auburn and unanimously carried, <br />the Commission approved the Loan and <br />Grant in connection with the Affordable <br />Loan Program for property located at 4313 <br />W. Washington. (Yolanda and Larry <br />Green) <br />c. Commission approval requested for <br />Loan and Grant in connection with the <br />Affordable Loan Program for property <br />located at 518 E. Haney. (Glen T. <br />DeHaven) <br />Ms. Kolata noted that the loan to Glen T. <br />DeHaven is in the amount of $5,050 at 0% <br />interest for 10 years with monthly <br />payments of $42.08. The grant is in the <br />amount of $4,873. <br />Upon a motion by Mr. Faccenda, seconded <br />by Ms. Auburn and unanimously carried, <br />the Commission approved the Loan and <br />Grant in connection with the Affordable <br />Loan Program for property located at 518 <br />E. Haney. (Glen T. DeHaven) <br />H:\ HOME\ CPHIPPS \WPDATA \COMMSN\091997.MIN -5- <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN CONNECTION WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY LOCATED AT 4313 W. <br />WASHINGTON (YOLANDA AND LARRY GREEN) <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN CONNECTION WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY LOCATED AT 518 E. <br />HANEY. (GLEN T. DEHAVEN) <br />