06-968r
HRA RESOLUTION NO. 968
RESOLUTION AUTHORIZING APPROVAL OF MODIFICATIONS TO THE RICHFIELD
HOME REHABILITATION DEFERRED LOAN PROGRAM
WHEREAS, the Richfield Housing and Redevelopment Authority (the "HRA")
provides a Rehabilitation Deferred Loan Program which utilizes Community Development
Block Grant (CDBG) funds to assist lower income homeowners with rehabilitating their
homes; and
WHEREAS, the program's Procedural Guidelines were approved by the HRA in
1999 and are modified periodically as program requirement and needs dictate; and
WHEREAS, Richfield staff has identified modifications to update the program's
Procedural Guidelines; and
WHEREAS, the HRA has reviewed the modifications.
NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment
Authority in and for the City of Richfield, Minnesota that the Richfield Rehabilitation
Deferred Loan Program Procedural Guidelines will be modified according to the changes
made by Hennepin County.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 21st day of February, 2006.
ATTEST:
o c::c~::~'~~lV~Y'd(
Donna Drummond, Secretary