Reference No. CR-003-2006    Draft No. 1
Type: Resolution Status: Adopted
Meeting Body County Council
Meeting Date 12/6/2005
Introduced Date 12/6/2005 Public Hearing Date
Effective date:    
Title: A Resolution approving the application by the Washington Area Community Investment Fund, Inc. (WACIF) for funding through the Maryland Department of Housing and Community Development Community Legacy Financial Assistance Fund
Proposers/Sponsors: Will Campos
Code sections: None - None
Attachments: 1. R2006003, 2. ACTION SUMMARY T2006003
Contact: Thomas M. Thompson, Director DHCD
Title A Resolution approving the application by the Washington Area Community Investment Fund, Inc. (WACIF) for funding through the Maryland Department of Housing and Community Development Community Legacy Financial Assistance Fund Background Washington Area Community Investment Fund, Inc. (WACIF) has applied for funding from the Community Legacy Program in the amount of $300,000 for implementation of the revitalization efforts described in their application. The State of Maryland requires a resolution by the County Council for each Community Legacy Program application in unincorporated areas. WACIF proposes in its application a neighborhood intervention plan which has as its focus to build organizational and development capacity in community based organizations in order to increase the supply of single family homeownership workforce housing and to provide these community based organizations with below market-rate loan products not otherwise available to them.



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