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City recognizes rehab program income, approves SHIP technical updates and reallocates COVID-era funds to food banks and facilities
Summary
The commission approved technical revisions to the local SHIP plan to recognize program income from a recent rehab-sale, and reallocated CDBG/CV funds to public services and facility improvements to support food banks and other pandemic-related needs.
Community Development Director Ryan Coutte presented technical revisions to the State Housing Initiatives Partnership (SHIP) local housing assistance plan and recognized program income from a rehabilitated property that the city rehabilitated using SHIP funds and later sold. Coutte said the city invested about $108,000 in SHIP resources to rehab the property and sold it for $350,000, generating program income…
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