HomeMy WebLinkAboutHousing & Redevelopment Authority Resolution 23is
HOUSING AND REDEVELOPMENT AUTHORITY
CITY OF PLYMOUTH
Pursuant to due call and notice thereof,a _ regular meeting of
the Housing and Redevelopment Authority of the City of Plymouth, Minnesota
was held on the 27th day of February, 19 78. The following
members were present:
Chairy
rman Spaeth, Commissioners A --un, Bakke, Hunt a Rd Neils.
The following members were absent: none
Conr.ij Ungr ogils introduced the following Resolution and
moved itsadoption:
HRA RESOLUTION NO. 23
ADOPTING A CHANGE IN THE INCOME LIMITS AIND
FUNDING DISBURSEME"T IN THE CITY'S HOME
IMPROVEMENT GRANT PROGRAM'S GUIDELINES
WHEREAS, the Plymouth Housing Rehabilitation Committee has recommended
that due consideration be given to adjust the City's Home Improvement Grant
Guidelines to more widely distribute grant money benefits by increasing the
present income limits, and
WHEREAS, the Plymouth Housing and Redevelopment Authority desires to
assist those homeowners with the least income first, a priority rating by
income is proposed;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE PLYMOUTH HOUSING AND
REDEVELOPMENT AUTHuRITY OF THE CITY OF PLYMOUTH, !MINNESOTA that it adopt
the following changes to Item C in Section III of the City's Home Improve-
ment Grant Guidelines to strike all of Item B so that Item B, as amended,
would read as follows:
Recipients must have an annual "Adjuster Gross Income" not in excess
of $7,500 (as calculated in the Homeowner Application for Grant). However,
the following priority rating by income level will be followed:
Order of Spendin
1. MHFA Grant Money 1. Under $5,000/year 1. $5,000
2. City Grant Money 2. Between $5,000-6,500/year 2. $5,000
3. City Grant Money 3. Between $6,500-7,500/year 3. $2,000 + $1,000 on
a matching dollar -
for -dollar basis
The motion for the adoption of the foregoing Resolution was duly seconded by
ragmirmiangr and upon vote being taken thereon, the
following voted in .avor Hereof: Chairman Spaeth, Commissioners Ault, Bakke,
t- and Npilq
The -following voted Against orabstained: None. ,
Whereupon the Resolution was declared duly passed and adopted.