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Downpayment assistance program hearing on tap


March 20, 2001|By RUDY YNIGUEZ, Staff Writer

The El Centro City Council will have two public hearings Wednesday, including one regarding a potential increase in the maximum purchase price of a single-family home under the city's first-time home buyer down payment assistance program.

The council meets in open session at 6:30 p.m. Wednesday at 1275 Main St.

If approved, the maximum purchase price under the program would increase to $121,296 from $100,000. The increase would bring the city's program in line with what's allowed by the state Department of Housing and Community Development.

Down payment assistance for those meeting certain income requirements is up to $20,000.

In a separate housing matter, the council will consider an amendment to the city income reuse program under its Community Development Block Program in order to comply with new state guidelines.

The public hearings begin at 7 p.m.

Sitting as the city's Redevelopment Agency, the council will be asked to approve a $44,109 increase in the budget for the downtown revitalization project.


The increase will be used for the addition of skateboard deterrents on benches, trash receptacles, an extra storm drain in the plaza area and the removal of paint, among other items.

The RDA will be asked to contribute $75,000 to the city's CDBG housing rehabilitation program.

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