HomeMy WebLinkAboutResolution - 011471B - Application - HUD - Preliminary Loan For Low-Rent Housing - 01_14_1971f
61141-71a
RESOLUTION APPROVING APPLICATION
FOR PRELIMINARY LOAN FOR LOW -RENT HOUSING
WHEREAS, it is the policy of this locality to eliminate substandard and other
inadequate housing, to prevent the spread of slums and blight, and to realize as
soon as: -feasible the goal of a decent home in a suitable living environment for all
of its wizens; and
WHEREAS, under the provisions of the United States Housing Act of 193 7, as
amended, the Department of Housing and Urban Development is authorized to prov
financial assistance to local public housing agencies for undertaking and carrying
out preliminary planning of low -rent housing projects that will assist in meeting
this goal; and
WHEREAS, the Act provides that there shall be local determination of need
for low -rent housing to meet needs not being adequately met by private enterprise
and that the Department of Housing and Urban Development shall not make any
contract with a public housing agency for preliminary loans for surveys and plan-
ning in respect to any low -rent housing projects unless the governing body of the
locality involved has by resolution approved the application of the public housing
agency for such preliminary loan; and
WHEREAS, the Housing Authority of the City of Lubbock, Texas (herein calle
the "Local Authority") is a public housing agency and is applying to the Departmen
of Housing and Urban Development for a preliminary loan to cover the costs of
surveys and planning in connection with the development of low -rent housing, NO
THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK, TEXAS,
AS FOLLOWS:
1. There exists in the City of Lubbock, Texas a need for such low --rent
housing at rents within the means of low-income families;
2. The application of the Local Authority to the Department of Housing and
Urban Development for a preliminary loan in an amount not to exceed
$ 120, 000, 00 for surveys and planning in connection with low-ren
housing projects of not to exceed approximately 300 dwelling units is
hereby approved.
Passed by the City Council this 14th day of Jan 1971,
ATTEST:
A.G rry, OR
4'
Lavenia:Lowe, City Secretary -Treasurer
rri An«nay