Elgin |
Code of Ordinances |
Chapter 12. COMMUNITY DEVELOPMENT |
Article II. COMMUNITY HOUSING INFILL PROGRAM |
Division 2. ALTERNATIVE MANNER OF SALE |
§ 12-47. Community housing infill program guidelines.
(a)
The city council by resolution shall adopt guidelines for this program. The guidelines shall establish criteria for this program including, but not limited to:
(1)
The minimum values and type of improvements to be constructed;
(2)
Income limits for the individuals or families targeted by the program;
(3)
Additional incentives, if any, offered by the city to assist the program;
(4)
Terms for the resale of the constructed improvements;
(b)
Program guidelines may be revised at any time by resolution or the city council.
(Code 1990, ch. 1, § 32(E); Ord. No. 2001-11-20-33, 11-20-2001)