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Evansville council approves $40,000 down-payment aid and backs library bond for Oakland branch renovation
Summary
The Evansville Common Council on Aug. 12 approved a $40,000 down-payment assistance grant to Hope of Evansville and authorized the Evansville Vanderburgh Public Library to issue bonds for renovation of the Oakland branch; both measures passed unanimously (8–0).
The Evansville Common Council voted Aug. 12 to authorize $40,000 in affordable housing funds for Hope of Evansville and to approve the Evansville Vanderburgh Public Library’s issuance of bonds to renovate the Oakland branch.
The council adopted Resolution C 2024-13 to allocate up to $40,000 for down-payment assistance, a committee-recommended award that the council heard would help about 20 homebuyers at $2,000 per household. Council discussion clarified that the funds are a…
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