Grant Money Still Available

If I could, I would.  But I can’t.  But you might be able to.  Here’s the official press release and they really want to find homes for this grant money!!  From the city,

$150,000 available to qualified residents

(La Vergne, February 25, 2011) The city of La Vergne wants to give you money! The city received $150,000 in grant funding from THDA for the federally funded HOME program. The money is directed at the production, preservation and rehabilitation of housing.

“In other words, we want to help residents make repairs to their houses,” said city grant writer Montique Luster. “There are a few residency strings attached. If a grant recipient sells the home in less than five years, they will have to pay some back. If you own for five years, you will not owe any money. If you sell after four years, you will have to pay back 20 percent, three years is 40 percent, and so on.”

There is a 15-year lien requirement for residences that have to be completely torn down and rebuilt.

To qualify for the grant funds, you must own your own home and lived there during 2010. Income limits for family size are as follows: 1 – $36,550, 2 – $41,750, 3 – $46,950, 4 – $52,150, and 5+ – $56,350. The funds can be used to correct code violations or repair any developing deficiencies in the structure of the home (e.g., siding, gutters, flooring, lead paint remediation, etc.).

The deadline to apply has been extended to April 1, 2011. For information, contact Luster at City Hall, 5093 Murfreesboro Road, or call her at (615) 287-8606. To formally apply, Cindy Raymond can be reached by email at cynthia.raymond@comcast.net or call (615) 855-0883.

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