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HomeMy WebLinkAboutRESOLUTION - 17-74 - 3/12/1974 - PARTICIP IN LOCAL HOUSINGRESOLUTION NO. %/ -17 RESOLUTION APPROVING PARTICIPATION BY LOCAL HOUSING OWNER IN THE FEDERAL RENT SUPPLEMENT PROGRAM WHEREAS, under the provisions of Section 101, of the Housing and Urban Development Act of 1965, the Secretary of Housing and Urban Development is authorized to enter into contracts to make rent supple- ment payments to certain qualified housing owners on behalf of tenants requiring rent supplement assistance under Title I, Housing and Urban Development Act of 1965 (Public Law 89 - 117) as amended, and WHEREAS, the provisions of said Section 101 cannot be made avail- able to housing owners in certain localities unless the governing body of the locality has by resolution given approval of such participation in the Federal Rent Supplement Program. NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees of the Village of Elk Grove Village, Illinois as follows: Section 1. That approval is hereby granted for participation in the Federal Rent Supplement Program to Village Grove Apartment, an apartment complex to be constructed in Elk Grove Village, Illinois for the use and occupancy of up to eighty (80) of the units in said complex. Section 2. That this resolution shall be in full force and effect from and after its passage and approval according to law. PASSED this --,)', day of h1lf-C,6", 1974. APPROVED this/� /-' day of 1974. Attest: Village Cl�rli/