Council approves expense accounts for appointed officials
Public accountability for how city officials spend taxpayer money on business expenses. Itemized accounts are part of routine financial oversight.
Item #10
City Council meeting
City to provide $100K forgivable loan for home rehab and lease-to-own program
Budget & Finance
$100,000
, Yellow tier ($50,000 to $250,000)
If approved, the City would fund acquisition and renovation of two homes on Avenue D through a partnership with Renew Birmingham, creating affordable homeownership opportunities for low- to moderate-income residents through a lease-to-own program.
Counterparty:
Renew Birmingham
Funding source:
Federal Grant
Action type:
Contract award
Location:
2422 Avenue D and 2922 Avenue D, Birmingham