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<br />. <br /> <br />. <br /> <br />. <br /> <br />AGENDA <br />REGULAR MEETING <br />COMMUNITY REDEVELOPMENT AGENCY <br />COUNCIL CHAMBERS <br />22 CIVIC CENTER PLAZA <br />SANTA ANA, CALIFORNIA <br />FEBRUARY 21, 1989 5:30 P.M. <br /> <br />CALL TO ORDER <br /> <br />PLEDGE OF ALLEGIANCE TO THE FLAG <br /> <br />ROLL CALL (EXCUSE OF ABSENCE) <br /> <br />1. <br /> <br />MINUTES <br /> <br />AlZencv Action: Approve the Minutes of the Regular Meeting held <br />January 17, 1989. <br /> <br />MOTION: <br /> <br />SECOND: <br /> <br />VOTE: <br /> <br />2. <br /> <br />MORTGAGE ASSISTANCE PROGRAM <br /> <br />A. <br /> <br />FUND ALLOCATION AND PROGRAM CRITERIA CHANGES TO THE MORTGAGE <br />ASSISTANCE PROGRAM <br /> <br />AlZencv Action: Authorize an additional allocation of Housing <br />Set-Aside funds in the amount of $500,000 to fund loans to eligible <br />first-time home buyers under the Mortgage Assistance Program and <br />authorize staff recommended modifications to the Mortgage Assistance <br />Program. <br /> <br />Commission Recommendation: Recommend that the Redevelopment Agency <br />authorize an additional allocation of Housing Set-Aside funds in the <br />amount of $500,000 to fund loans to eligible first-time home buyers <br />under the Mortgage Assistance Program and authorize staff <br />recommended modifications to the Mortgage Assistance Program, by a <br />vote of 4:0 (Ba1en not present for vote; Mills and Mack absent). <br /> <br />MOTION: <br /> <br />SECOND: <br /> <br />VOTE: <br />