Sec. 05.15.01.02. Objectives  


Latest version.
  • The objectives of the Program are to provide financial assistance for the purposes of:

    A. Creating housing and jobs in targeted areas through support of private sector initiatives;

    B. Promoting commercial redevelopment and economic revitalization efforts in targeted areas;

    C. Supporting retention of housing stock and existing businesses;

    D. Providing a source of funds for emergency housing and business assistance;

    E. Supporting development efforts for projects undertaken jointly by the public and private sectors; and

    F. Providing financial assistance for projects which would not be undertaken otherwise.