Logansport officials and a local community services agency moved forward with the pursuit of a state grant that would assist homeowners with repairs to their homes this week by releasing applications homeowners can complete to see if they qualify for the funds.
The grant is available through the Indiana Housing & Community Development Authority’s Owner-Occupied Repair Program. Funds would be available to homeowners to carry out repairs and refurbishments on their own homes whose gross annual income does not exceed 80 percent of median family income for the geographic area published annually by the U.S. Department of Housing and Urban Development. A maximum of $25,000 would be allotted per property and a 10 percent match would be required from the city.
Logansport Community Development Director Chris Armstrong announced last week that Area Five Agency on Aging & Community Services was selected as grant administrator for the initiative.
Armstrong along with Cathy Miller, development specialist at Area Five, and Logansport Building Commissioner Bill Drinkwine hosted an informational session on the grant Monday morning with about six people in attendance.
Miller elaborated on details regarding the grant, including its aim to assist not with cosmetic repairs but improvements for roofs, gutters, bathrooms, floors, doors, plumbing and electrical systems.
Miller and Drinkwine urged applicants to declare everything they felt could be improved, however, explaining that lists would be prioritized and that funds could be used to improve things like windows and siding if funds remain after more important repairs are covered first.
Organizers discussed stipulations applicants must abide by as well, including that their property taxes be paid to date, proof of homeowner's insurance, proof of ownership through title or deed, proof of citizen ship and that they are currently occupying the residence they're seeking to improve.
The recording of a restrictive covenant lien would also be necessary, which would require the homeowner to remain in the home for a certain amount of time after repairs are completed. Miller said those who receive more than $10,000 would be required to remain at least three years, while those who receive $5,000 to $10,000 would be required to remain at least two years.