Title
Resolution Approving Revisions to the City of Greensboro Housing Rehabilitation Program Guidelines
Body
Department: Neighborhood Development
Council District:
Public Hearing: n/a
Advertising Date/By:
Contact 1 and Phone: Barbara Harris 373-2509
Contact 2 and Phone: Cynthia Blue 433-7376
PURPOSE:
The City Council is asked to consider approving updates to the City's Housing Rehabilitation Program Guidelines. This document outlines the purposes, qualifications and procedures governing the City's Housing Rehabilitation Programs. Rehabilitation projects meet the City MAP goal to maintain infrastructure and provide sustainable growth opportunities.
BACKGROUND:
The City's Housing Rehabilitation Program Guidelines were previously revised and approved by City Council in 2011. Since that time there have been programmatic changes and a need to update the program cost limits to cover increases in construction costs.
Significant changes include:
· Revising applicant credit qualifications to allow for minor amounts past due or in collections
· Removing the Duke Energy HELP Program which no longer exists
· Revising the Emergency Repair forgivable loan program to address health issues caused by housing conditions
· Adding a new Code Compliance Repair deferred loan program to address homeowners with code violations
· Updating program cost maximums to address rising construction costs
BUDGET IMPACT:
No current budget impact as the program funds are included in FY'15 budget.
RECOMMENDATION / ACTION REQUESTED:
City Council is requested to review and consider approving the City's Housing Rehabilitation Program Guidelines.