Travis County Commissioners Court
July 7, 2009,
Item 2
Number 2 is a public hearing to receive comments regarding the proposed neighborhood stabilization program 2 application to the u.s.
department of housing and urban development by the Travis County housing finance corporation.
>> move the public hearing be open.
>> second.
>> all in favor?
that passes -- that passes by unanimous vote.
>> good morning, harvey Davis, manager of the Travis County housing finance corporation.
nsp 2 is part of the american recovery and reinvestment act and it provides $1.93 billion nationwide to help stabilize neighborhoods that have high foreclosure.
the grants are -- the amount that the housing finance corporation plans to apply for is $5 million.
it will -- there are areas of Travis County that do have high foreclosure rates and meet the threshold that h.u.d.
has set for receiving these funds.
the grant is competitive so we will -- we may or may not be awarded these funds.
and the funds would be used to assist home buyers in purchasing or acquiring homes in the high foreclosure areas of Travis County.
>> any objections called to our attention?
>> none that we have received.
>> would anyone like to give testimony during this public hearing?
item number 2.
please come forward.
>> move the public hearing be closed.
>> second.
>> all in favor?
that passes by unanimous vote.
there's no action item associated with this item today.
>> there's no action items today.
>> okay.
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Last Modified:
Tuesday, July 7, 2009 1:31 PM