HomeMy WebLinkAboutResolution #420PHA-272b
Rev. 12-1-49
The following resolution was introduced by ,x3~
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read in full and considered:
RESOLUTION "~~ ~
RESOLUTION APPROVING APPLICATION FOR PRELIMINARY LOAN
FOR LOW-RENT PUBLIC HOUSING
WHEREAS, it is the policy of this locality to eliminate
substandard and other inadequate housing to prevent the spread
of slums and blight, and to realize as soon as feasible the goal
of a decent home in a suitable living environment for all of its
citizens; and
WHEREAS, under the provisions of the United States Housing
Act of 1937, as amended, the Public Housing Administration is
authorized to provide financial assistance to local public housing
agencies for undertaking and carrying out preliminary planning of
low-rent housing projects that will assist in meeting this goal;
and
WHEREAS, the Act provides that there shall be local deter-
mination of need for low-rent housing to meet needs not being
adequately met by private enterprise and that the Public Housing
Administration shall not make any contract with a public housing
agency for preliminary loans for surveys and planning in respect
to any low-rent housing projects unless the governing body of the
locality involved has by resolution approved the application of
the public housing agency for such preliminary loan; and
WHEREAS, the Fulton County Housing Authority (herein called
the "Local Authority") is a public housing agency and is applying
to the Public Housing Administration for a preliminary loan to
cover the costs of surveys and planning in connection with the
development of low-rent housing;
NOW, THEREFORE, be it resolved by the City Council of the
City of Canton, Illinois, as follows:
1. There exists in the City of Canton a need for such low-rent
housing at rents within the means of low income families.
2. The application of the Local Authority to the Public
Housing Administration for a preliminary loan is an amount not to
exceed X35,000.00 for surveys and planning in connection with
low-rent housing projects of not to exceed approximately 200
dwelling units (125 elderly and 75 low income) is hereby approved.