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HomeMy WebLinkAboutAppropriating $208,855.00 Community Development Fund for the Innovative Grants ProgramORDINANCE No. 6111 -77 Passed by the Common Council of the City of South Bend, February 14 Ig 77 IRENE K. GAMMON Presented by me to the Mayor of the City of South Bend, February 15 Yn 77 Clerk Of Common Council IRENE K. GAMMON Approved and signed by me o2tjJ - i� M&I " Clerk ORDINANCE NO. (,J l k--7 7 AN ORDINANCE APPROPRIATING $208,855 FROM THE COMMUNITY DEVELOPMENT FUND FOR THE INNOVATIVE GRANTS PROGRAM, PROJECT REBATE, TO BE ADMINISTERED BY THE CITY OF SOUTH BEND THROUGH ITS BUREAU OF HOUSING. WHEREAS, the Department of Human Resources in the name of the City of South Bend has recieved the approval of the United States Department of Housing and Urban Development to execute Project Rebate under funding from the 1976 Innovative Grants Program. NOW, THEREFORE BE IT ORDAINED by the Common Council of the City of South Bend as follows: Section I. The sum of $208,855 is hereby appropriated for the program year starting February 15, 1977 from the Community Development fund. This appropriation is to be administered by the Bureau of Housing. PROGRAM 77 - HNP - 302 Innovative Grants Program Purpose Amount Percentage Cash Rebates $150,000 Administration 58,855 Section II. This Ordinance shall be in full force and effect from anafter its passage by the Common Council and approval by the Mayor. em er OT tie Common Council ® I si. -ncd 0^17 provide an opportr.c' - -_:_ ._scussion and Coan,_1 ..,.._.__ issue. Rollin E. Farrand, Sr., P. E. Director, Public Works ,��,OLUr1040 � CITY of SOUTH BEND PETER J. NEMETH, Mayor LU z COUNTY -CITY BUILDING SOUTH SEND, INDIANA 46607 /NDIANP January 19, 1977 Roger 0. Parent President South Bend Common Council 400 County -City Bldg. South Bend, IN Dear Mr. Parent: Reply To: The enclosed appropriation ordinance for the Innovative Grants Program, Project Rebate, includes the following attach- ments: Project Rebate guidelines Project area maps Budget sheet D /HUD letter of credit This project is intended to provide eligible homeowners, landlords and small businessmen owning property in the approved target areas with cash rebates based on a percentage of repairs and improvements made to the property during the program year. The percentage varies from 20% to 40% depending on type of owner- ship, family size and income. The program is intended to act in conjunction with existing housing programs in the preservation of housing stock in our city. If you have need of further information please contact me at your earliest convenience. Thank you. Si cerely, Keith P. Cr' hton Director Bureau of Housing KPC /ef