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Housing Loans Approved at Neillsville City Council Meeting

Friday, August 16th, 2013 -- 9:27 AM

-Several housing loan grants were approved at the Neillsville City Council Meeting on Tuesday.

At a Grants Committee Meeting held on July 30th, the committee met Lori Artz the Clark County Housing Authority Agent from the Chippewa County Housing Authority Management Department.

Lori explained the new grant funds received for our area. This new grant will come in two phases and the loan limit is $24,999. Neillsville currently has $72,460.33 on hand to loan out.

The committee did deny one loan at their meeting in July due to a negative equity balance, but they approved three others.

The first loan approved was not to exceed $13,165, the second $19,065 and the third was for $10,000, all of them for various projects, costs, fees, etc.

The three loans were then brought before the common council and they approved all three.

Feel free to contact us with questions and/or comments.