Board updates rental renovation program; home‑purchase assistance template ready
Chair reported progress on a rental renovation program and a $10,000 home purchase assistance template structured as a recorded deferred no‑interest loan; staff expects a shortlist of candidate rental properties and will proceed when buyers are ready.
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The chair updated the board on the rental renovation program: she has been vetting a multi‑page list of rental properties against tax assessments and ownership records and said the process is time‑consuming because property owners and managers are often in different places. She said she expects to assemble a shortlist of candidate properties by the next meeting.
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