HomeMy WebLinkAbout1965-R-07RESOLUTION NO~
RESOLUTION APPROVING APPL~CAT~0N FOR PRELiMiNARY LOAN
FOR LOW=RENT PUBLIC HOUSING
WHEREAS, tt Is the policy of this locality to eliminate sub~
standard and other In~gquate housing, to prevent the spread of slums
and bIight~ and to r~a~]ze as soon as feaslb~e ~h9 goal of a decent
home ~n a suitable l~vtng environment for ail of ~S cit~zens; and
WHE'REAS~ under the ppOvlsions of the United State's Hous!~g
Act of 1937, as amended, the Public Housing Administration Is autho~
ized to provide financial assistance tg ~C~I public housing agencies
for undertaking and carrying out ~Ye~fi2'~~ plannlng of low-rent hous:
lng projects that will assist ~n meeting thls goaI; and
WHEREAS, the Act provides that there shall be local detem]na~
t)on ~f negd .for lpw~rent housing to meet need~ not b~]~g adequately met
by private enterprise an~ E~f the Public Housing Administration sha)l
not make any contract with a public housing agency for prellminary 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 appl)cation of the pub])c housing agency for such prelim)n-
ary loan; and
WHEREAS~ The Housing Authority of the City of Jeffersonville.
Indlana, (hereI~ called the "Local Authority") ts a public housing agency
and ~s applying to the Public Housing Administration for a preliminary
loan to co. er the costs of surVeys and planning In connection wi th the
development of low-rent housing;
NOW. THEREFORE~ BE ~T RESOLVED by the Common CounclI of the
City of Jeffersonvil~e. ~nd~ana, as follows:
need for such
families;
There exists in the City of Jeffersonville, Indiana= a
low-rent housing at rents wl~hln the means of ]ow~income
2o The application of the Loca~ Authority of the ubl~c Hous~
lng Adm!n~stratlon for a pre~lm~n ry !loan in an amount not to exceed
$42,5OO.00 for sur~eys and planning in connection
projects of not to exceed app~xImately 250 dwe~llng units ~s hereby
ap p ro~ed.