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HomeMy WebLinkAbout5805 RESOLUTION NO 5,805 A RESOLUTION AMENDING GUIDELINES IN THE COMMUNITY DEVELOPMENT BLOCK GRANT HOUSING REHABILITATION PROGRAM; AND FOR OTHER PURPOSES WHEREAS, the Third Year Community Development Block Grant Housing Rehabilitation Program Guidelines call for low interest loans in certain concentrated code enforcement areas for reha- bilitation purposes be made only to owner-occupants; and WHEREAS, in an effort to interest absentee landowners to rehabilitate property in these areas , it is determined that if such absentee landowners were eligible for said low interest loans that they would apply for such loans and rehabilitate their properties . NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1 . Those certain Guidelines in the Community Development Block Grant Housing Rehabilitation Program are hereby amended to allow absentee landowners , as well as owner- occupants to be eligible for low interest loans for rehabili- tation purposes under said program. SECTION 2 . This Resolution shall be in full force and effect from and after its adoption. ADOPTED: September 20, 1977 ATTEST: Y APPROVED: Y it Cler} Mayor