Summary

Loan and Grant Committee approves updated CDBG/HOME guidelines and reviews loan program items

ColumbiaOct 20, 20252 min read

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The Loan and Grant Committee met October 20, 2025. Members approved the agenda and minutes, adopted updates to the CDBG and HOME Administrative Guidelines (including raising the staff program approval limit from $15,000 to $20,000), conducted a closed session under RSMo 610.021(8) for welfare cases, heard staff updates on the rehab and HOA programs and 2025 HUD funds, and discussed loan review and repayment processes. The next meeting date is to be determined.

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Loan and Grant Committee

Topics discussed

Budget & TaxHousing

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Key decisions

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Approved the agenda (vote 3:0).
Approved meeting minutes for June 18, 2025 (motion references June 15, 2025) (vote 3:0).
Approved updated CDBG and HOME Administrative Guidelines with suggested modifications, including increasing the program limit requiring Loan & Grant review from $15,000 to $20,000 (vote 3:0).
Moved into closed session pursuant to RSMo 610.021(8) for welfare cases of identifiable individuals at 10:05am and exited at 10:22am (initial vote to enter closed session 3:0; vote to exit 4:0).
Directed staff to provide the program history portfolio at a future meeting; staff to continue loan review processes and to address repayment, annual letters, and open/past due balances.
Adjourned the meeting at 10:58am (vote 4:0).

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