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Community Development Authority The Community Development Authority (CDA) is a separate political body that was created for the purpose of carrying out blight elimination, slum clearance, urban renewal programs and projects, and housing projects. The resolution creating the CDA authorizes the Authority to act as the City's agent in planning and carrying out community development programs and activities. These programs and activities must be approved by the Mayor and City Council under the Federal Housing and Community Development Act of 1974. The CDA is authorized to act as an agent for all development programs except the development of the City's Comprehensive Plan, which is overseen by the Plan Commission. The CDA's regular meeting date is on the fourth Tuesday of each month and on an "as needed" basis. CDA Purchases Monona Drive Properties for Redevelopment The CDA recently purchased two properties at 4505 and 4603 Monona Drive in Redevelopment Project Area No. 7 along north Monona Drive. The properties were in a state of disrepair and have been demolished in order to help promote urban renewal projects in the area. Below, the former Hawaiian Sun building at 4505 Monona Drive was razed on June 23. Renew Monona Housing Stock Renewal Loan Program The Renew Monona Loan Program is a housing stock renewal loan program created by the CDA and administered by the City of Monona. The purpose of this program is to offer 0% interest loans to those purchasing or residing in a home in the City of Monona in order to make substantial improvements to the home to enhance its efficiency and bring it to modern standards. The CDA has just finished accepting applications for its second round of funding. Future rounds of funding are unknown at this time and are dependent on the availability of funds. Renew Monona Loan Program Information Renew Monona Loan Program Round 2 Application Renew Monona Loan Program Scoring Criteria Materials and applications are also available at Monona City Hall. Questions about the program can be directed to City Administrator Patrick Marsh at 222-2525 or pmarsh@ci.monona.wi.us.