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These comments have been incorporated into the review of the program guidelines that define and <br />clarify the following items: Eligible activities; Loan Requirements; Recapture/Resale Provisions; <br />Environmental Requirements; Appraisal requirements; and Submission Requirements. The revisions are <br />indicated by bold print. <br />FINANCIAL IMPACT: <br />A total of $60,000 was allocated in the 1997-98 fiscal year for this program and $210,000 was allocated <br />in the 1998-99 fiscal year. To date, approximately, $242,557 of the HOME dollars has been expended for <br />this program leaving an available balance of $27,443. Further, this program is also an eligible program <br />activity under the County Housing Bond Program. <br />RECOMMENDATION(S): The Manager recommends approval of the Revised Operational Guidelines <br />for the Community Revitalization Loan Program. <br />