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~* *° DEPARTMENT OFr HOUSING ANb URBAN DEVELOPMENT <br /> ~ +~, AREA OFFICE <br /> ~4ae ~" 415 NORTH EDGEWORTH STREET <br /> <br /> R~:a~[ON P,' GREENSBORO, NORTH CAROLINA 27401 <br /> <br />.:.;~"& August 18, 1978 ~ ....... 4.4FMM[G), ~.. <br /> <br /> Mr. John T. Eagan, Jr. <br /> Post Office Box 2327 <br /> Winston-Salem, North Carolina 27102 <br /> <br /> Dear Mr. Eagan: <br /> <br /> Subject: Prop.osal/Project No. NC 19-0015-004 <br /> .... Kannapolis, North Carolina <br /> <br /> SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM <br /> SUBSTANTIAL REHABILITATION <br /> NOTIFICATION OF SELECTION OF PREL~M~INARY PROPOSAL <br /> <br /> You are hereby notified that your Preliminary Proposal, dated <br /> August 7, 1978, to provide 100 units of substantially rehabili- <br /> tated housing at Kaunapolis has been approved. Annual contribu- <br /> tions authority in the amount Of $380,016 has been reserved for <br /> this pro]ect. Subject to the fulfillment of all administrative <br /> and statutory requirements, an Agreement to Enter into Housing <br /> Assistance Payments Contract will be prepared and executed for <br /> the number and size of units described below: <br /> <br /> Unit Size No. of Units Contract Rents <br /> (No. of Bedrooms) Total Elderly <br /> <br /> 1 8 $200 <br /> 2 44 230 <br /> 3 32 260 <br /> 4 16 292 <br /> 100 <br /> <br /> You are requested to submit to HUD, not later than October 24, <br /> 1978, a Final Proposal in accordance with the requirements of the <br /> provisions of 24 CFR, Part 881, Section 881.209. Attached are the. <br /> forms required to be submitted With your Final Proposal. If you <br /> have questions as to Final Proposal requirements, please call <br /> Gilbert G. Priestley to arrange for a meeting. <br /> <br /> Special Conditions or Requirements: This Notification of Selection <br /> issued subject to clearance of your Form 2530, Participation Certifi- <br /> cate. <br /> <br /> <br />