The City is requesting a release of $6 million in federal funds from the LA OCD. Enterprise Community Partners will administer the program, a "Construction Take-Out Loan Program." The program will finance loans to developers and individuals rehabilitating single-family and two-unit homes.
Importantly, "Structures relocated from the VAMC and UMC sites will receive first priority for construction (rehabilitation) loans."
It's interesting, too, that the notice also serves as a "Finding of No Significant Impact" - and mentions NEPA, but not Section 106 of the National Historic Preservation Act (unless one discerns it in "NEPA and related laws and authorities").
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Here's the other item - a proposed allocation of $7 million to rehabilitate the moved houses located in the City's 2011 "Consolidated Plan" for use of its HUD CDBG dollars:
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