Franklin County has received HOME grant funds in the amount of $250,000 from the Tennessee Housing Development Agency. These funds are for rehabilitating owner-occupied homes within Franklin County. The funds will be used to bring homes up to code. The deadline for applications is Friday, March 13.
Eligible applicants must be low-income, show proof of ownership (warranty deed, 99-year lease, life estate), have lived in the home for at least one year, and be current on all property taxes. Proof of income is required. Mobile homes are not eligible.
Applicants will receive points in the following categories: income based on family size, number in household, number of elderly, number of disabled (must show proof of disability), single head of household, number of persons under 18 and the condition of the dwelling.
Applications are available at the Franklin County mayor’s office, 855 Dinah Shore Blvd., Winchester. Applications are due back to the mayor’s office by 4 p.m., Friday, March 13.
For more information call Sara Brown at (931) 379-2915.
The HOME Investment Partnership Act was approved in 1990 as part of the National Affordable Housing Act. The program provides Federal funds to state and local participating jurisdictions to carry out multi-year housing strategies through acquisition, rehabilitation and new construction of housing units and through tenant-based assistance. The purpose of the program is to expand the supply of decent, safe, sanitary and affordable housing for low- and very low-income households. The State of Tennessee has chosen to focus its HOME program on homeowner rehabilitation projects and home ownership activities.
No comments:
Post a Comment