BLOOMINGTON — Beginning May 20, low- to moderate-income households can apply for state grant money to help them rehabilitate their houses.
A $378,000 grant from the Illinois Housing Development Authority’s Single Family Rehabilitation program is available to assist an estimated eight to 10 income-qualified households over the next two years "with big-ticket items that often homeowners can't afford to fix," said Jennifer Toney, city grants coordinator.
Households will be considered on a first-come, first-served basis.
Beginning at 7:30 a.m. May 20, the city will create a waiting list for the program. The waiting list will be closed at 20 households or at 4:30 p.m. on May 22, whichever comes first.
Pre-applications can be submitted by contacting Toney at 309-434-2342, email@example.com or in person at the community development department on the second floor of the Government Center, 115 E. Washington St., Bloomington.
"All applications will be dated and time-stamped," Toney said.
The program offers up to $45,000 in home rehabilitation assistance to residents through a zero-percent interest, five-year forgivable mortgage.
"It means as long as the owner-occupant is still in the home at the end of five years after the project is completed (the mortgage) essentially becomes a grant, and they don't owe anything back," said Toney.
Applicants must meet income guidelines.
Properties must be located within the corporate limits of the city. Manufactured housing is eligible only when secured to a permanent foundation.
"We look at health and safety (projects) first," said Toney.
Roofs are common subjects for grants, but siding, gutters, window replacements, heating and air-conditioning systems and electrical wiring are other types of projects for which the funds can be used, she added.
Terms of that program differ in that the mortgage payment is deferred until the house is sold, said Toney.