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Ukiah adopts CDBG first-time homebuyer guidelines for $1.5 million award
Summary
The council adopted guidelines required to implement a $1.5 million Community Development Block Grant first-time homebuyer program; loans will be deferred 1% interest, second-position loans for eligible households under 80% of area median income.
The Ukiah City Council voted Tuesday to adopt program guidelines for a Community Development Block Grant (CDBG) first-time homebuyer program after staff said the city had been awarded $1.5 million for the initiative.
Jim Robbins, the city's housing and grants manager, told the council the State of California Department of Housing and Community Development provided model guidelines and…
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