Applicants still needed after housing meeting
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A housing rehabilitation meeting was held at Adamsville City Hall Thursday afternoon to distribute additional funding from the HOME Program and did not have quite the turnout necessary.
The meeting was called to distribute over $150,000 worth of home rehabilitation and reconstruction funding from a 2009 Tennessee Housing Developing Agency (THDA) grant.
The HOME program is designed to furnish low to very low income households with the ability to improve upon their households so that they will meet International Building Codes.
The meeting was conducted by Project Consultant Lynn Manning who was contracted by Adamsville for Community Development Partners.
According to Manning, funding had been distributed to all applicants that had participated.
“We served everyone that participated and responded in the application process,” said Manning.
After running down the inventory of applicants on the priority list some applicants did not respond, hence the additional funding from the grant, according to Manning.
Housing and Urban Development criteria that applicants must meet include being the owner of the residence, the home being rehabilitated or reconstructed must be the primary residence of the home owner, and the resident must have lived at the home for at least 12 months.
If applicants are deemed eligible there will be an inspection process for the home.
The THDA will then concur upon the inspectors findings, and then competitive bidding will begin for the right to rehabilitate or rebuild the applicant’s residence.
Upon being accepted, the applicant will pay a $500 good faith payment to the HOME Program.
The city will then file a 5-year deed of trust for rehabilitated homes, or a 15-year deed of trust for reconstructed homes, with those deeds being lifted after the allotted time has expired.
“By no means are applicants committed to the project upon submitting their application,” said Manning.
Applications are still available at Adamsville City Hall, and if applicants are not available, the funds from the THDA will be de-obligated and no longer available for Adamsville.
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