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11 <br />0 <br />• <br />Account Code <br />24-72400 <br />Revenues <br />Authority from <br />returned by the <br />credited to the <br />Authority for <br />The Director of <br />expedient to cr <br />Purpose <br />Revised <br />Amount Approp. <br />City -Wide Homeowner Rehabilitations by the $5,000 $155,000 <br />Charlottesville Housing Improvement Program <br />(CHIP) <br />received by the Charlottesville Redevelopment and Housing <br />repayment of deferred loans made under these programs shall be <br />Authority to the City for credit to the CDBG Fund. Such funds <br />CDBG Fund shall be deemed automatically reappropriated to the <br />the same purposes for which they were originally appropriated. <br />Finance may establish such regulations and procedures as may be <br />eate these "revolving funds". <br />The City Manager, the Directors of Finance and of Planning and Community <br />Development, and the staff of the Charlottesville Redevelopment and Housing <br />Authority (CRNA) are authorized and directed to establish appropriate <br />expenditure sub -accounts in the Community Development Block Grant Fund to <br />assist the City and CRHA in accounting for such programs, and to establish <br />administrative procedures and provide for mutual assistance in the execution of <br />the programs as approved by the Board of CRHA. <br />Approved by Council <br />September 15, 1986 <br />< of Council <br />86-4-23 <br />