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GIRARD



Published: Wed, August 8, 2001 @ 12:00 a.m.



GIRARD

Housing program

The city has received a $550,000 grant to improve housing. The U.S. Department of Housing and Urban Development funds are administered by the Ohio Department of Development. The Comprehensive Housing Improvement Program (CHIP) improves housing in a number of ways:

$220,000 to help rehabilitate 10 houses in low- and moderate-income neighborhoods. Owners who live in single-family structures can receive assistance to meet local building codes and rehabilitation standards.$25,000 for six emergency home repairs for income-eligible homeowners to address one or two major health and safety items.$75,000 to help income-eligible residents with down payments to purchase a house. Home buyers are also eligible for rehabilitation assistance.$100,000 to rehabilitate five rental properties. Tenants qualify the landlord to receive assistance with landlords paying 25 percent of the rehabilitation cost.$25,000 to purchase a residential property and construct a new house for sale.$105,000 to administer the grant over 26 months.

Source: City of Girard




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