HomeMy WebLinkAboutCC Reso No 1979-23
RESOLUTION N0. 79-23
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE
ELSINORE, REGARDING THE CITY'S ELIGIBILITY TO BE-
COME A MORTGAGE ASSISTANCE AREA, UNDER THE CRITERIA
OF THE CALIFORNIA HOUSING FINANCE AGENCY.
WHEREAS, the City of Lake Elsinore wishes to participate in the
- California Housing Finance Agency Program of providing State Funded Mortgage
Assistance for owner-occupied housing purchase and/or rehabilitation of single-
family dwelling units and;
WHEREAS, this program will be concentrated primarily in our
Neighborhood Strategy Areas, but will be available on a priority basis every-
where inside the City Limits, arid;
WHEREAS, it is the goal of the locality to assist persons and
families of low and moderate income to achieve access to housing financing,
and;
~dHEREAS, the Gdli.forni'a Houslnq Fin~nce Anencv has such.programs,
we hereby designate the City of Lake Elsinore to receive financing assistance
from the California Housing Finance Agency,
NOW, THEREFORE, BE IT RESOLVED, that the City of Lake Elsinore
declares the entire incorporated limits of the City of Lake Elsinore to be a
California Housing Finance Agency Mortgage eligible area.
AND BE IT FURTHER RESOLVED, that the City of Lake Elsinore asks
the California Housing Finance Agency to designate the entire Gity of Lake
Elsinore including the proposed Neighborhood Strategy Areas to be a Mortgage
Assistance Area.
PASSED, APPROVED AND SIGNED this day o~ 1979.
APPROVED
S/S Nap Harris
ap Harris, Mayor
- ATTEST
S/S Florene Marshall
Florene Marshall, City Clerk