1988-31778
HRA RESOLUTION N0. 317
Resolution Authorizing Modification To Income
Requirements For Rehabilitation end
Energy Programs
MHEREAS, the Richfield Housing and Redevelopment Authority
has a Rehabilitation Deferred Loan and Housedoctor Energy Grant
Program which utilizes CDBG funds to assist lower income
homeowners with rehabilitating their homes; and
MHEREAS, Hennepin County has indicated that when CDBG funds
are utilized for rehabilitation, income limit requirements may be
modified to reflect a HUD established standard of 50~ of the Twin
City Metropolitan Area median income; and
MHEREAS, the HRA has reviewed the standards which will
require changes to administrative procedures.
NOM, THEREFORE, 8E IT RESOLVED by the Housing and
Redevelopment Authority in and for the City of Richfield,
Minnesota, that the Executive Director is authorized to amend the
administrative procedures for the Richfield Rehabilitation
Deferred Loan Program and the Housedoctor Energy Grant Program as
presented herein.
Passed by the Housing and Redevelopment Authority of
Richfield,'Minnesota this 16th`d.aof February, 1988.
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Thomas E. Harms, Chairperson
ATTEST:
r
an Helmberger, Sec tary