Thursday, January 19, 2012

State funds 47 home improvement plans - The Business Journal of Milwaukee:

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The AHC, a brancyh under the state’s housinvg finance agency, aims to bolster home-ownership for low- and moderate-income The agency approved a $500,000 grantf to Cheektowaga’s Community and Economic Development Office The funds will go toward renovationsd for14 single- and two-family homes located throughout the town. The AHC also granted Lackawanna’s Housing Development Corporation (LHDC) $200,0090 to fund improvements to a totap of33 single- and two-family homes throughoutt the city.
The planned improvementds include fixingstructural problems, replacing roofs, doors, windows, siding, replacingb deficient water and septic systems and upgrading electrical, heatingv and plumbing systems. The renovations are aimed at bringing the homesw up to code under local and statebuildin laws. Further funding for the Cheektowaga project’w $833,00 total will come from the town’s HOME fundes ($130,000) and a Communitty Development Block Grant The City of Lackawanna will fund what remains ofits project’s $334,000 total with homeowner-equithy funds.
The CEDO and LHDC will allocatr the funds ona first-come, first-served basis to qualified “These grants will help improve the aging housingt stock in western New York,” said AHC Presideny and CEO Pricilla Almodovar.

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