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City seeks assistance to cover $2,500 bid shortfall for last owner-occupied repair grant
Summary
Staff said the last owner-occupied repair grant award was $11,500 but the low bid came back just over $14,000; staff are drafting an email to the FTC to request coverage of the difference so the homeowner need not pay the shortfall, completing a program that has helped 23 homeowners.
Krista told the board the most recent owner-occupied repair grant was set at $11,500 but the contractor bid returned just over $14,000. She said she is drafting an email to the FTC to request they cover the difference so the homeowner will not need to pay the excess and the grant can be completed.
Krista said the program has helped 23 homeowners to date. The board did not take formal action at the meeting, and staff said they will follow up with the FTC and report back if additional funding or adjustments are needed.
