The council heard a presentation from Karen Rego of Langford Community Management at the March board meeting on how the grants would work.
“They are grants so they are not being paid back,” she said.
The grant is for five houses and once the application that the city submitted is approved, the company and city can start interviewing residents for the grant money.
There are eligibility requirements for the grants with one of them being the “homeowners have to have a clear and marketable title.”
Another requirement is that the owner must occupy the home. It cannot be rented or flipped after it is received.
The grants are for new homes or home rehabilitation, but the rehabilitation repairs must come out to less than $30,000; otherwise, it will be a demolition and new build.
Rego explained to the board that the new houses will be 1,100 square feet with both two- and three-bedroom floor plans.
The homes will value at approximately $80,000 apiece.
The houses will not cost qualified residents anything but “they have to move their things and find a place to live for four months while the house is being built,” Rego said.
She stressed that the city had to get in its portion of the application by March 29 but would have two years to build the five houses.
The city council passed a resolution to approve the application.
City Administrator Rosie Forehand had said that as of March 18 the city was in the process of getting in the application.
Forehand said the city has applied for similar grants in the past but this is the first time that it will apply for these particular grants.
Langford Community Management is a grant consulting firm that specializes in the infrastructure needs of cities and counties. The company has gotten similar grants for more than 27 communities.