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City to forfeit DHCD tax-sale rehab grant now, plans to reapply under new terms
Summary
City staff told the council the 2021 DHCD tax-sale acquisition/rehab grant is being forfeited because the city is not ready to use the funds; staff will seek formal council approval next week to forfeit and reapply and has begun a test right-of-redemption on one property.
City staff said on Dec. 9 that the city will forfeit a state Department of Housing and Community Development (DHCD) tax-sale acquisition and rehabilitation grant awarded in 2021 and intends to reapply under updated terms.
Amanda Gregg (staff) briefed the council and said DHCD recommended forfeiture and reapplication after staff discussed a…
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