Community Housing Meeting identifies needs
Around 50 people met at a community housing meeting last week to discuss goals to meet the housing needs for Gettysburg in the future.
Some of the priorities identified by those in attendance specifically addressed the rehab of homes in town. The meeting was organized in part by the Gettysburg-Whitlock Bay Development Corporation.
A program for very low-income housing repair and grants is available which may help to reach some of the housing goals.
The Very Low-Income Housing Repair program provides loans and grants to very low-income homeowners to repair, improve, or modernize their dwellings or to remove health and safety hazards.
To obtain a loan, homeowner-occupants must be unable to obtain affordable credit elsewhere and have very low incomes, defined as below 50 percent of the area median income. They must need to make repairs and improvements to make the dwelling more safe and sanitary or to remove health and safety hazards. Grants are available only to homeowners who are 62 years old or older and cannot repay a Section 504 loan. They may be used only to pay for repairs and improvements to remove health or safety hazards. The regulations provide a liberal interpretation of “owner.”
Loans of up to $20,000 and grants of up to $7,500 are available. Loans are for up to 20 years at one percent interest. A real estate mortgage is required for loans of $2,500 or more. Full title services are required for loans of $7,500 or more. Grants may be recaptured if the property is sold in less than three years. A grant/loan combination is made if the applicant can repay part of the cost. A loan and a grant can be combined for up to $27,500 in assistance.
There is also a housing choice voucher program, which is the federal government’s major program for assisting very low-income families, the elderly, and the disabled to afford decent, safe, and sanitary housing in the private market. Since housing assistance is provided on behalf of the family or individual, participants are able to find their own housing, including single-family homes, townhouses and apartments.
For more information on the programs and the housing development study done for the Gettysburg community, contact Gayle Kludt, Executive Director of the Gettysburg-Whitlock Bay Development Corporation.