Business Oregon administers regional housing rehabilitation loan funds by financing loans to low-and moderate-income homeowners to repair their owner-occupied homes, using contractors licensed by the Oregon Construction Contractors Board (CCB). Up to $500,000 in Community Development Block Grant (CDBG) funds are available to eligible jurisdictions in order to assist in local housing rehabilitation. In total, the City has applied and was awarded $500,000 in funding. Providing local residents with the ability to make necessary home restoration/repairs through licensed contractors and funding aligns with City Council goals to enhance housing, community development, and livability. Community Development Block Grant funds come from the U. S. Department of Housing and Urban Development. The grants can be used for housing improvements for home owners with low and moderate incomes. The City will partner with NeighborWorks Umpqua (NWU) in order to run the program. NWU will act as the subgrantee within the grant process. NWU will be responsible for writing the grant application, determining qualifying home owners and potential rehabilitation projects, lining up contractors to complete work, and allocating money to cover the costs of each project. NWU is authorized by the State to carry out housing rehabilitation activities on behalf of the city. Below are links to the application and contract doucments.
City Council Resolution
Business Oregon Application
Notice of Intent to Request Release of Funds: