Through
the good work of the Community Development Department, the city has accessed
new grant funds for emergency housing repairs under the Federal Home Loan
Bank's Accessibility Rehabilitation Program.
The
city, through the Bank of Tennessee and the Federal Home Loan Bank of
Cincinnati, may access up to $75,000 for emergency repairs and accessibility
modifications to owner-occupied homes. Up
to $7,500 may be spent per home. These
are private bank funds that do not require a local match.
This
new program serves as a valuable addition to our housing assistance efforts as
the spending requirements of the other programs are very limited for emergency repairs.
Emergency
repairs include items such as a roof or heating system replacement; while accessibility
modifications may involve installing grab bars/handrails, widening
doors, erecting handicap ramps, and others.
Interested
persons may contact the Department of Community Development to discuss
qualification requirements.
