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AN ORDINANCE TO ESTABLISH A GRANT PROGRAM TO PROMOTE AND PRESERVE HOMEOWNERSHIP BY LOW- AND MODERATE-INCOME PERSONS WITHIN THE CITY OF CHARLOTTESVILLE WHEREAS , effective July 1, 2006, §50.7 of the Charter of the City of Charlottesville authorizes City Council to make grants and loans of funds to low- or moderate-income persons to aid in the purchase of a dwelling within the City; and WHEREAS , this City Council desires to offer a monetary grant for Fiscal Year 2018, to aid low- and moderate-income citizens with one of the ongoing expenses associated with the purchase of a dwelling, i.e. real estate taxes; and WHEREAS , public funding is available for the proposed grant; NOW, THEREFORE , effective July 1, 2017 and for calendar year 2017, the Charlottesville City Council hereby ordains: Grant—provided . (a)There is hereb y provided to any natural person, at such person’s election, a grant in aid of payment of the taxes owed for the taxable year on real property in the city which is owned, in whole or in part, and is occupied by such person as his or her sole dwelling. The grant provided within this section shall be subject to the restrictions, limitations and conditions prescribed herein following. (b)If, after audit and investigation, the commissioner of revenue determines that an applicant is eligible for a grant, the commissioner of revenue shall so certify to the city treasurer, who shall implement the grant as a prepayment on the applicant’s real estate tax bill due on December 5, 2017. (c)The amount of each grant made pursuant to this ordinance shall be $525 for taxpayers with a household income of $0-25,000, and shall be $375 for taxpayers with a household income from $25,001-$50,000, to be applied against the amount of the real estate tax bill due on December 5, 2017. Definitions . The following words an d phrases shall, for the purposes of this division, have the following respective meanings, except where the context clearly indicates a different meaning: (1 )Applicant means any natural person who applies for a grant authorized by this ordinance. (2)Dwelling means a residential building,or portion such building, which is owned, at least in part, by an applicant, which is the sole residence of the applicant and which is a part of the real estate for which a grant is sought pursuant to this ordinance. (3)Grant means a monetary grant in aid of payment of taxes owed for the taxable year, as provided by this ordinance. (4)Spouse means the husband or wife of any applicant who resides in the applicant’s dwelling. (5)Real estate means a city tax map parcel containing a dwelling that is the subject of an grant