Record Number:
DOLI001
Citation:
Dolinski, Amanda. “Lumbee Tribal Council financial committee meeting ends abruptly after confusion over housing loan ordinance.” fayobserver [Fayetteville, NC] September 25, 2014.
Annotation:
Administration for the Lumbee Tribe of North Carolina sidestepped the Tribal Council's approval to secure a $2 million loan for a senior housing complex by relying on an ordinance approved by a different council last year.
The $7 million project, called Pembroke Senior Village, is for 50 units to house seniors on a 12-acre tract of land near Candy Park Road. Before adjourning the meeting, McFarland said the council received an email that said its approval for the loan wasn't required because the administration already had it from a 2013 ordinance.
In March 2013, the previous tribal council approved an ordinance titled "Approval for Title VI Funds." Title VI loans "Assist Indian Housing Block Grant recipients who want to finance ... affordable housing ... but are unable to secure financing without the assistance of a federal guarantee," according to the U.S. Department of Housing and Urban Development's website.
Last week, the administration submitted an ordinance to the council to approve a $2 million loan to be used for the project.
First Appeared in 1994 Book?:
no
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