SWNCBC seeking housing rehabilitation funds; seeks public input for applications
Is your home in need of windows, doors, siding, a furnace and more?
Southwest Nebraska Community Betterment Corporation (SWNCBC) is seeking public input on applying for Community Development Block Grant (CDBG) owner occupied rehabilitation funds through the Nebraska Department of Economic Development for the City of Grant.
The program would be for making health, safety and energy efficiency renovations to homes located in the incorporated city limits of Grant. Eligible homeowners could receive assistance to make structural, mechanical, electrical, weatherization and plumbing improvements to their homes.
Am I eligible?
There are certain eligibility requirements, including income, assets and homeownership. Homes must be located within the incorporated city limits of Grant. Mobile homes and rental properties are not eligible for participation in the program.
The following income limits are set at 80 percent of the area median income (AMI) in Perkins County:
1 Person—$38,950
2 Person—$44,500
3 Person—$50,050
4 Person—$55,600
5 Person—$60,050
6 Person—$64,500
7 Person—$68,950
8 Person—$73,400
Will I have to repay?
Low- to Moderate- Income (LMI) households will qualify for a 100 percent forgivable loan. The loan is forgiven after 10 years if the owner does not move, sell or rent their property within the 10-year affordability period.
What repairs are eligible?
Eligible repairs include:
• Structural—foundation, roof, etc.
• Mechanical—furnace, air conditioning, water heater
•Electrical —wiring, fuse boxes
• Plumbing
• Weatherization—windows, doors, insulation, siding, etc.
• General maintenance—kitchens, bathrooms, etc.
• Handicapped accessibility— ramps, bathrooms, etc.
• Safety or code deficiencies
• Lead-based paint mitigation.
What repairs aren’t eligible?
Repairs and additions that are NOT eligible include:
• Garages and outbuildings
• Driveways and sidewalks
• Window air conditioning units
• Fireplaces
• Decks and patios
• Landscaping and fences
• Jacuzzis, hot tubs and spas
• Kitchen appliances
• Reimbursement for repairs not completed by the program.
How much is available?
The maximum financial assistance per household will be limited to $24,999. This limit may exclude certain homes from participating in the program.
For example, if a home will not meet basic standards after injecting $24,999 in assistance, then the home will not be eligible for the program.
SWNCBC is looking for homeowners in the City of Grant who are interested in filling out a pre-application to show the Nebraska Department of Economic Development the need for rehabilitation funding in the community of Grant.
This is only a pre-application, should the City of Grant be awarded these funds later this year, a full application will be provided to those who are interested in moving forward with the project.
For a pre-application please stop by SWNCBC at 115 W. Third St., Grant (First Insight Eyecare Building) or call SWNCBC at 308-352-4338. Pre-applications need to be returned to SWNCBC by Sept. 21.