Middle Township Announces Small Cities CDBG Funding for Home Rehabilitation

//Middle Township Announces Small Cities CDBG Funding for Home Rehabilitation

The Middle Township Economic Development Office is now accepting applications for Home Rehabilitation projects within the Township. The Township has been awarded funds for a Community Development Block Grant (CDBG) under the housing rehabilitation category for town-wide housing rehabilitation.

As part of the award, Middle Township is seeking low and moderate-income property owners interested in participating in the program.

The purpose of the grant is to provide funds for low and moderate-income homeowners to make needed repairs to their homes. To be eligible, an applicant must meet income requirements, be able to provide home owners insurance coverage and be up to date on all municipal taxes.

One of the benefits of this grant is that the money goes out as 0% interest loans. It is not due and payable until the house is refinanced, sold or no longer used as a primary dwelling by the owner. “For homeowners who cannot obtain funds through bank loans, this program is a wonderful option that requires no out of pocket costs. The grant also allows the Town to establish a revolving loan fund in perpetuity to provide assistance to additional residents who need home repairs”, said Mayor Michael Clark.

Some possible uses that have been identified include replacing failed furnaces, roofs, windows, and connection to city utilities. These funds can provide for ADA modifications to homes as well, such as entrance ramps and bathroom modifications.

To be eligible for this grant, the town must demonstrate that there is a demand and need for this program, and that residents would welcome this assistance and take advantage of the program to rehabilitate their homes.

Please contact Nancy Sittineri at 609-465-8731 for an application or visit our website at

Economic Development Council

 

 

2018-05-27T19:37:10+00:00