Agenda

Meeting Of The Board Of The

Redevelopment Authority Of The County Of Lancaster

Tuesday, November 28, 2006

Immediately Following The 4:00 P.M. Board Meeting Of The

Lancaster County Housing Authority

At The Offices Of The

Lancaster County Housing And Redevelopment Authorities

150 North Queen Street, 1st Floor, Suite 120

Lancaster, PA  17603

_____________________________

 

 

I.                     Call to Order

II.                   Public Comments

III.                  Minutes of the October 24, 2006 Meeting

IV.                Treasurer’s Reports for the Month of October 2006

V.                  Report of the Executive Director

VI.                Correspondence/Communications

VII.               Committee Reports

             

VIII.             Old Business

IX.                New Business

1.     Resolution Authorizing Execution of Loan documents

 

The Board is asked to authorize the Chairman and the Secretary of the Board of the Redevelopment Authority of the County of Lancaster to execute loan documents related to the establishment of a Line of Credit with Fulton Bank.

 

 

2.     Resolution Approving an Amendment to the Policies for the Use of American Dream Downpayment Initiative Funds

 

The Board is asked to approve the amended Policies for the Use of American Dream Downpayment Initiative Funds, to permit participants in the Community Homebuyer Program to apply for ADDI funds and to amend the amount of assistance permitted per assisted family.

 

 

3.     Resolution Approving a Contract with the Lancaster Housing Opportunity Partnership for the Operation of the Community Home Buyer Loan Program

 

The Board is asked to approve the execution of a Contract with the Lancaster Housing Opportunity Partnership to provide loans for down payment and closing costs to approximately 20 lower income families desiring to purchase a home, for a period beginning January 1, 2007 and terminating December 31, 2007 in an amount not to exceed One Hundred Seventy-Five Thousand Dollars ($175,000.00).

 

 

4.     Resolution Adopting a Schedule of Meetings for the Year 2007

 

 

X.                  Other Business

 

The next meeting of the Board of the Redevelopment Authority of the County of Lancaster will be held November 28, 2006 immediately following the 4:00 p.m. meeting of the Lancaster County Housing Authority at the offices of the Lancaster County Housing and Redevelopment Authorities, 150 North Queen Street, 1st floor, Suite 120, Lancaster, PA.

 

XI.                Adjournment

 

For additional information or questions regarding this Agenda, please contact
Matthew T. Sternberg, Executive Director at 717-394-0793 or by e-mail at msternberg@lchra.com.  

 

If you are a person with a disability who wishes to attend this meeting and requires any auxiliary aid, service, or other accommodation to enable you to participate in the meeting, please contact the Redevelopment Authority at (717) 394-0793 to discuss how we may best accommodate your needs.