HomeMy WebLinkAbout1978 11-01 City in running for CD dollar THE REVIEW — -
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40 Maplewood is one of nine cities axle'.
counties invited by the Metro .1
Council last week to formally apply f
share of $2.5 million in federal ('
1 munity Development (CD). f!;!.
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awarded to the council earlier this
1,1\1,_ by the U.S. Department of Housing
:1- Urban Development (HUD).
IN In all,19 proposals carrying a price
el of $3.8 million were submitted to
i council for consideration. Because of
$2.5 million is available, the co-al,.
ranked each project in order of priori'.
according to criteria established by t!.
council and HUD.
Maplewood's request was for funds
purchase six single-family lots in a lar
subdivision to donate to eligiLt
moderate-income families- at
estimated cost of $72,000. It was rank.
.1, 13th.
Under the criteria,priority was given
proposals that would provide housing fa.
low-and moderate-income families and tL,
1 projects that met the objectives of tbu-
! council's regional subsidized housing
alocation plan. The highest priority way
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given to proposals that would benefit
large, low-income families.
1 The federal funds are part of federal
1
1 "bonus" funds awarded by HUD to the
i
Twin Cities area for outstanding, local-
regional performance in expanding
I housing opportunity for low- and
1 moderate-income persons. The funds are
1 to be distributed according to recom-
mendations made by the council.
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