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7.2 HRSR 09-08-2015
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7.2 HRSR 09-08-2015
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9/4/2015 9:39:07 AM
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City Government
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HRSR
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9/8/2015
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blight reduction, community stabilization, crime reduction and reduction of <br /> maintenance costs. Maximum = 15 points <br /> b. Increased the total points for the development potential of the property from 5 points <br /> to 10 points. <br /> Financial Impact <br /> To support this program, the HRA would appropriate a predetermined amount of reserves from the <br /> HRA fund balance. As of July 30, 2015, the HRA has a fund balance available for Housing and <br /> Redevelopment purposes of approximately$1 million. <br /> Attachments <br /> • DRAFT HRA Blighted Properties & Forgivable Residential Loan program <br />
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