Comment on Warren won't offer loans for flood victims

Warren won't offer loans for flood victims

The intention may have been good but the law won't allow it.Following the advice of their attorney, Warren City Council members won't move forward with a proposal to provide low-interest loans to assist residents impacted by last month's flooding.Officials had considered whether to divert $10 million from the city's fund balance - ironically also known as the "rainy day" fund - to establish a loan program.

 

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