IDED Grant HOME for disabled women
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March 29, 2006
The Honorable Roy Buo!, Mayor
City of Dubuque
2640 Becker Court
Dubuque, IA 52001
SUBJECT:
Funding Agreement Number: 06-HM-198-29
Dear Mayor Buol:
I am pleased to inform you that the Iowa Department of Economic Development (IDED) intends to award
Dubuque a grant in an amount not to exceed $350,000. This award is from the HOME Investment
Partnership Program to assist rental - conversion of a building into seven units for physically disabled
women. This award is a conditional commitment of HOME funds pending the completion of the
environmental review process and release offunds.
This award will be made subject to the following conditions: commitment of other funds to include
evidence of tax abatement; need organizational documents for Step-by-Step; and evidence of compliance
with URA. A contract will not be issued until these conditions have been met.
You may look forward to receiving contract documents for your review and signing in the near future.
Your contract will have an effective date of March 29, 2006. You may incur costs for administration and
for the environmental review process since these are exempt activities within your project or activity.
However, you may not expend project-related funds (local or HOME) until the state has approved your
Request for Release of Funds (RROF) and has actually released funds for your activity. If you have any
questions, please contact your project manager, Al Collet at (515) 242-4753 or
al.collet@iowalifechanging.com.
Congratulations on receiving a HOME Investment Partnership award. IDED looks forward to working
with you to expand the supply of decent and affordable housing for low-income Iowans.
Sincerely,
;I~~
Mary Lawyer
Director
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cc: David Harris, City of Dubuque
Project Manager (AC)
File
IOWA OEPARTMENT OF ECONOMIC DEVELOPMENT
Mary lawyer. Director . 200 East Grand Avenue, Oes Moines, Iowa 50309 USA . Phone: 515.242.4700 . Fax: 515.242.4809 . www.iowa6fechanging.com