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Committee approves marketing of HOME-funded rehabbuilt house at 1472 Bell, adds 45-day post-closing reporting requirement
Summary
Planning Director Byington asked for permission to engage a broker to market a HOME-funded, rehabilitated house at 1472 Bell; the committee amended the proposed ordinance to require administration to report sale details to council within 45 days of closing and recommended the amended ordinance to full council.
Planning Director Byington told the Housing Plan Development Committee that the city has completed a rehabilitation of a HOME-funded single-family home at 1472 Bell and asked permission to hire a licensed real-estate broker to market the property for sale. Byington said the rehabilitation used HOME funds and HUD rules require the buyer be a household…
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