HomeMy WebLinkAboutReso 1983-11201 RESOLUTION 11201
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF CHULA VISTA
APPROVING LOAN ELIGIBILITY CHANGE FOR
COMMUNITY HOUSING IMPROVEMENT PROGRAM
WHEREAS, the Community Housing Improvement Program (CHIP) deferred
loans are currently available to low income elderly and handicapped
individuals and to families; and
WHEREAS, some elderly and handicapped individuals and some families
have income that is higher than that which is considered low (80% and 50% of
median, respectively) and yet have major ongoing medical expenses attributable
to disability or chronic illness which prevent the feasible underwriting of a
rehabilitation loan.
NOW, THEREFORE, BE IT RESOLVED that the City Council hereby approves
an addition to the CHIP Program Manual giving the CHIP Loan Committee the
option to make deferred loans to elderly or handicapped individuals or to
families with incomes higher than 80% or 50% of the median, respectively, if
they also have major ongoing medical expenses.
Presented by: Approved as to form by:
Community Development Director City Attorney
WPC 0580H
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
~HULA VISTA, CALIFORNIA, this 5th day of April
9 83., by the following vote, to-wit:
~YES: Councilmen Scott, Cox, Malcolm, Moore, McCandliss
None
~AYES: Councilmen
None
),BSTAIN: Councilmen
None
~.BSENT: Councilmen
M~the City of Chulo Vista
~TTEST ~//.~.///"' Y-~ ~/~ ~ ' '
;TATE OF CALIFORNIA )
;OUNTY OF SAN DIEGO ) Ss.
;ITY OF CHULA VISTA )
I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chub Vista, California,
mO HEREBY CERTIFY that the above and foregoing is o full, true and correct copy of
RESOLUTI~0N N0. ll201
,and that the some has not been amended or repealed.
)ATED
(seal) City Clerk
;C-660