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HomeMy WebLinkAboutRES 03.15.1965 - Loan Housing Authority'0 � APPROVING APPLICATION FOR PRELIMINARY LOAN FOR LOIN' RENT PUBLIC HOUSING, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF GEOl3,GLgOVI , TFuXlS, 1. It is the (policy of this locality to eliminate su standard and other inadequate housing, to prevent the spread of slums and bligh , and to rcali e a soon as feasible'tht goal of a decent o e in a suitable livi. ; environment for all of its citizens: and 2s Under the (provisions of the United States Housin' Act of 1937, as amended, the Public Housing Administration, is authorized to provide financial. assistance to local housing agencies for undertaking and carrying out gprel. urinary planning of log* rent income housing projects that will assist, in meeting this goal, and 39 The Act provides that there shall be local Bete "'iination of need for low rent housing to .meet creeds not teeing adequately met by private enterprise and that. the Public housing Administration shall not make any contract with to (public housing agency for (preliminary &oans for surveys and planning in res ect to any low rent hoax*.,. housing (projects unless the goverrni g body of the locality ijivolved has by rrztx resolution approved the application of the public housing ag cy for such (preliminary'__ loan; and. 4. The Ilosuing Authority of the City of Georgetown, ` exas, isa public housing agency and is applying to the Public Housing Administration Apr a preliminary loan to cover the costs of surveys and (planning in connection with he development of low rent hosuing. A. There exists in the City of Georgetown an need for s h low rent housing at rents within the means of loss income families: 4, fir, :-_ B. The application of the Housing Authority of .the City of Georgetown, Texas, n to to the Public Housing Administration for as preliminary loan in an amount not to exceed $22,000.00 for surveys and planning in connection with low rent housing projects of not to exceed 110 dwelling units is hereby approved, READ PASSED AND ADOPTED BY ` U;NM4IM US E VOTE'THIS Tlik. 15 DAY OF MCH 1.965, RESOLUTION