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CC Resolution 10366 RESOLUTION NO. 10366 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL REVISING THE HOUSING REHABILITATION LOAN PROGRAM GUIDELINES WHEREAS, the City of Campbell has operated a Housing Rehabilitation Loan and Grant Program since 1979 for individuals and families earning less than 80% of the Santa Clara County median; and WHEREAS, the City Council has periodically updated the Housing Rehabilitation Loan and Grant Program guidelines and polices based on changes in household incomes, age of housing, and housing needs of Campbell residents; and WHEREAS, the City of Campbell continues to support a housing rehabilitation loan and grant program for individuals and families who need to make repairs to their homes. NOW, THEREFORE, be it resolved that the City Council of the City of Campbell hereby amends the City's Housing Rehabilitation Loan Program Guidelines to increase the financial resource figure to the following: $200,000 for a household of one; $270,000 for a household of two; $340,000 for a household of three; and $410,000 for a household of four or more. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Campbell this 20th day of July 2004, by the following vote: AYES: Councilmembers: Watson, Dean, Kennedy, Burr NOES: Councilmembers: None ABSENT: Councilmembers: Furtado ABSTAIN: Councilmembers: None APPROVED: c-~r:~ Donald R. Burr, Mayor - ATTEST: a~ Anne Bybee, City Clerk