Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Evansville trust fund finance report: $872,518 available; $1.757 million when including committed and notes-payable balances

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance staff told the Affordable Housing Trust Fund Advisory Committee that $872,518.9 is unencumbered and available for new projects; including committed funds and a notes-payable account, total resources equal approximately $1.757 million.

At the April 8 meeting of the Affordable Housing Trust Fund Advisory Committee, staff presented the trust fund’s current financial position and fielded members’ requests about packet distribution and details.

Corey Kemp, presenting the report prepared by the finance office, said TruVest had repaid $3,855.10 toward its loan and that several sums are already committed to projects. “So the bottom table on the second…

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
30-day money-back on paid plans