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HomeMy WebLinkAboutResolution 3111 ��°� � r o : o a. - CITY of ORONO � � ��� �G'�' RESOLUTION OF THE CITY COUNCIL �kESH�� NO. 3111 A RESOLDTION IN SOPPORT OF WECAN'S HOPE 3 GRANT APPLICATION WHEREAS, the HOPE 3 Program is a new program by the U.S. . Department of Housing and Urban Development aimed to empower many low-income families to realize the American dream of homeownership; and WHEREAS, it is in the public benefit to get vacant residential properties, which have been foreclosed or tax- forfeited , back onto the tax roles and available for new homebuyers; and WHEREAS , it is in the public benefit to enhance the self-sufficiency of low-income families residing in our city and to enable these families to become first time homebuyers ; and • WHEREAS, Westonka Community Action Network (WeCAN) is applying for a $5�1,PJBP1 HOPE, 3 Planning Grant for the purposes of assessing the feasibility of operating a homeownership program for low-income families in this community. NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Orono supports WeCAN's HOPE 3 Planning Grant application. Adopted by the City Council of the City of Orono, Minnesota at a regular meeting held April 13, 1992. � Barbara A. Peterson, Mayor ATT ST: `-�n�., � . 001 orothy M allin, City Clerk •