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Commission approves two $10,000 forgivable home loans for local applicants
Summary
The commission approved two conditional, forgivable $10,000 homebound loans — one for an applicant attending by Zoom and one for a city employee — after staff confirmed realtor and program eligibility; the vote was 5–0.
The Hammond Redevelopment Commission approved two conditional forgivable home loans of $10,000 each for two applicants.
Staff presented two applicants for the commission's approval: Blanca (attending by Zoom) for a property identified at 8341 74th Street, and Lewis, identified on the record as a city employee, for 3947 Johnson Avenue. Staff asked each applicant a short set of eligibility questions, confirming Blanca's realtor as Hector Magallanes and Lewis's realtor as Luciano Garcia. Lewis said he first heard about the program from the mayor: "When I met the mayor, he told me about the program," he said.
A motion to approve the conditional forgivable-loan awards for both applicants was moved and seconded and passed on a roll call vote with five yes votes. Commissioners congratulated the applicants and excused them from the meeting.
The awards were described on the record as conditional and forgivable; staff will complete any remaining documentation and record the loans per program procedures. The transcript does not include the full loan conditions or long-term servicing terms; those details were not specified on the record.
