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Request for Action <br />ToItem Number <br />Housing and Redevelopment Authority7.1 <br />Agenda Section Meeting DatePrepared by <br /> <br />General BusinessAugust 7, 2017Colleen Eddy, Economic Development Specialist <br />Item Description <br />Reviewed by <br />HRA Housing Rehabilitation Loan Program UpdateAmanda Othoudt, EDD <br /> <br />Reviewed by <br />Cal Portner, City Administrator <br />Action Requested <br /> <br />Receive information on the HRA Housing Rehabilitation Program. <br />Background/Discussion <br />Currently, there are six projects in the pipeline. One project is near completion, two are currently being <br />inspected, one project just started, one went out for bid and on <br />Nine projects have been completed to date. Over $283,000will soon be disbursed over the four-year <br />rehabilitation program period. Monthly installment payments are received per the agreements. Staff <br />continues to work with CMHP on marketing efforts, organizing an <br />Septemberand placing advertisements in the Star News. <br />Financial Impact <br />N/A <br /> <br />Attachments <br /> <br /> <br />August HRA Rehab & Financial Report <br /> <br />