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Housing and Redevelopment Minutes Page 2 <br />March 2, 2020 <br />----------------------------- <br />6. Public Hearings <br /> <br />There were no public hearings. <br /> <br />7.1 HRA Housing Rehabilitation Loan Program <br /> <br />Ms. Othoudt presented the staff report. <br /> <br />Chair Toth asked if she was sure the loans would be made current, as the HRA has heard <br />this same information on both delinquent loans for a while. <br /> <br />Ms. Othoudt stated CEE has a plan in place to give the borrowers an opportunity to make <br />some payments and if they don’t make payments, the HRA can add a recourse to that. <br /> <br />Chair Toth asked if the HRA has much of a recourse. <br /> <br />Ms. Othoudt stated CEE will contact homeowners and review their loan documents with <br />them for the potential to put their properties into foreclosure proceedings. <br /> <br />8. Adjournment <br /> <br />Chair Toth adjourned the meeting at 5:34 p.m. <br /> <br />Minutes prepared by Jennifer Green. <br /> <br /> <br />_____________________ <br />Tina Allard, City Clerk <br /> <br /> <br />_____________________ <br />Larry Toth, Chair <br />Housing & Redevelopment Authority <br />