Laserfiche WebLink
Roseville Owner Occupied Loan Progr am Funding (8-18-07) - Page 4 of 4 <br />program and the ownership loan program be combined into one program and eliminate the <br />family size criteria so that all households have access to this one loan program. <br /> <br />4.0 Suggested HRA Action <br /> <br />4.1 By motion, modify the Roseville Owner Occupied Loan Program eligibility criteria to <br />households with incomes at or below 120% of the current area median income by family <br />size and request that family size data be collected in the loan application. <br /> <br />4.2 By motion, approve the transfer of $60,000 from HRA Fund <br />723.00.73.00.0000.87.490000 to the Greater Metropolitan Housing Corporation for the <br />Roseville Owner Occupied Loan Program Fund. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Attachments: Principal & Interest Report-7 months, valuation map, loan amt and use summary, <br />housing program summary <br />Prepared by: Cathy Bennett, Housing Consultant (651-257-4613)