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V RESOLUTION APPROVING APPLICATION FOR PRELIMINARY LOAN FOR LOW - RENT PUBLIC HOUSING WHEREAS, it is the policy of this locality to eliminate substandard and other inadequate housing, to prevent the spread of slums and blight, and to realize as soon as feasible the goal of a decent home in a suitable living environment for all of its citizens; and WHEREAS, under the provisions of: the United States Housing Act of 1937, as amended, the United States of America, acting through the Secretary of Housing and Urban Development (herein called the "Government"), is authorized to provide financial assistance to local public housing agencies for under- taking and carrying out preliminary planning of: low -rent housing projects that will assist is meeting this goal; and WHEREAS, the Act provides that there shall be local determination of need for low -rent housing to meet needs not being adequately met by private enterprise and that the Government shall not make any contract with a public housing agency for pre- liminary loans for surveys and planning in respect to any low -rent • housing projects unless the governing body of the locality involved has by resolution approved the application of the public housing agency for such preliminary loan; and WHEREAS, the Charlottesville Redevelopment and Housing Authority (herein called the "Local Authority") is a public housing agency and is applying to the Government for a preliminary loan to cover the costs of surveys and planning in connection with the development of low -rent housing; NOW, THEREFORE, be it resolved by the Council of the City of Charlottesville as fall.ows: 1. That there exists in the City of Charlottesville a need for such low -rent housing which is not being met by private enterprise; 2. That the application of the Local Authority to the Government for a preliminary loan in an amount not to exceed $20,000.00 for surveys and planning in connection with low -rent housing projects of not to exceed approximately 100 dwelling units is hereby approved.