Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
HUD reviews home-rehab complaint, finds city practices not predatory; council amends ordinance language
Summary
The U.S. Department of Housing and Urban Development reviewed a complaint alleging predatory lending in Lorain's CDBG-funded rehab program and found no predatory lending characteristics; HUD recommended a written PII file/privacy policy and the city revised the ordinance and returned it to committee.
The U.S. Department of Housing and Urban Development's Columbus field office concluded the city of Lorain's home-rehabilitation loan practices did not meet HUD's definition of predatory lending and recommended the city adopt a written policy on handling protected personally identifiable information. The HUD letter, dated Dec. 5, 2024, and read into the council record by city staff, summarized its review of a complaint filed Sept. 24, 2024.
The let…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
