Bill Type and
Number: Ordinance 2007-448
Sponsor: Council President at the Request of the Mayor
Date of
Introduction: April 24, 2007
Committee(s)
of Reference: F; ECID
Date of
Analysis: April 26, 2007
Type of
Action: Plan Amendment
Bill Summary: This bill approves and adopts an amendment to
the Jacksonville/Duval County Affordable Housing Assistance Program Local
Housing Assistance Plan for fiscal years 2006-2009 to add a new program
entitled “Foreclosure Prevention.”
Authorization is given for the City to submit said amendment to the
Florida Housing Finance Corporation and take necessary action to receive
approval of the amendment. Any revisions
to the amendment are to be promptly filed with the Legislative Services
Division.
Background
Information: Information from the Housing and
Neighborhoods Dept. states that the revision is necessary to implement a
foreclosure prevention strategy that would provide assistance to individuals
and families that are at risk of losing their homes.
Policy Impact
Area: Housing and Neighborhoods; Affordable Housing
Fiscal Impact: Undetermined
Analyst: