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HomeMy WebLinkAboutResolution #419RESOLUTION No. l~19 RESOLLTTIOi~? APPROVING APPhICATION FOR PRELIMINARY LOAN FOR ELDERLY AN:t) LOW INCOP?E PUBLIC HO?TSING WHEREAS, it is the policy of this locality to eliminatg 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 o±' the LTnited States Housing Act of 193?, as amended, the Public Housing Administration is authorized to provide financial assistar_ce t~ local public housing agencies for undertaking and carrying out preliminary planning of elderly and low income housing projects ghat. will assist in meeting this goal; and WHEREAS, the Act provided that t~iere shall be local determination of need for elderly and low income housing to meet needs not being adequately met by private enterprise and that the Public Housing Administration shall not make any contrs.ct with a public housing agency for preliminary loans fcr surveys and planning in respect to any elderly and low income housing projects unless the governing body of the locality involved ha:~ by resolution approved the appli- cation of the public housing; agency for such preliminary loan; and ~~fiEREAS, the Housing Authority of the County of Fulton (herein called the "Local Authority") is a public housing agency and is applying for a preliminary loan to the Public Housing Administration to cover the costs for surveys and planning in connection with the development of elder7_y and low income housing; NOW, TPEREFORE, be it resolved by the City Council of the City of Canton, Illinois, as follows: 1. There exists in the City of Canton need for such elderly and low income rousing at rents within the means of low income families. 2. The application of the Administration for a preli "~'LE.O, 000.00 for surveys and income housing pro~eets of units {100 elderly and 100 Passed by the City Co~zncil day of February A.D. 19b6. local suthority to the Public Iiousing r.inary loan i~ an amount not to exceed planning in4corcr~etion with elderly anal low not to exceed approximately 2.00 dwelling low ircom~) is hereby approved. ar_ca a,~proved by tree Mayor this c~ ~~~,._. AP: R c)~TEJ : d"-D AYOR n ATTEST : ~ ~ r-' ? ~ .~! .-~'~~'/~ ImY CLERK