May 6, 2011
Gordon Anderson (512) 475-4743
State housing agency makes $1 million commitment to maintaining homeownership in Pecos County
(AUSTIN) — The Texas Department of Housing and Community Affairs (TDHCA) and State Senator Carlos Uresti today announced awards totaling $1 million to Pecos County and one local community to fund home repairs for low income homeowners, helping residents maintain homeownership while providing a shot in the arm to the local economy.
The Department awarded $522,000 each to the county and the City of Fort Stockton which will help repair or replace a combined 12 homes owned and lived in by income eligible residents.
“I am extremely pleased to know that some of my constituents most in need will soon enjoy the benefits of a new or substantially improved home,” said Senator Uresti who joined the Department in announcing the award. “This assistance helps residents who can no longer afford to make the needed improvements to their home that guarantee a safe and healthy living environment. I encourage TDHCA to continue its commitment to maintaining homeownership in rural portions of our state.”
“By repairing deteriorating homes, we are not only helping maintain homeownership for more families, we are also helping maintain the vitality of rural Texas communities,” noted Michael Gerber, TDHCA Executive Director. “Repairing the homes of low income households also benefits the regional economy through an influx of construction payroll salaries and increased taxes and fees that help fund essential public services. This is a win-win program for both the county and state.”
TDHCA awards home repair funds to qualifying applicants through the Department’s HOME Investment Partnerships (HOME) Program, which helps repair or replace homes owned and lived in by low income homeowners.
Assistance may include roof repair or replacement, as well as repairs to the electrical and plumbing systems. If a home has deteriorated to the point it no longer is cost effective to repair, it may be demolished and replaced with either a traditional “site built” home or a manufactured home.
Qualifying applicants include eligible cities and counties, public housing authorities, Community Housing Development Organizations and other nonprofit housing groups, and certain for-profit organizations which then work with eligible households at the local level.
The U.S. Department of Housing and Urban Development is the funding source for the HOME Program. The program serves households earning no more than 80 percent of the area median family income, which for Pecos County equals an annual income of $37,200 for a family for four. Please contact the appropriate unit of local government directly for further information about these awards.
About the Texas Department of Housing and Community Affairs
The Texas Department of Housing and Community Affairs is committed to expanding fair housing choice and opportunities for Texans through the administration and funding of affordable housing and homeownership opportunities, weatherization, and community-based services with the help of for-profits, nonprofits, and local governments. For more information about fair housing, funding opportunities, or services in your area, please visit www.tdhca.state.tx.us or the Learn about Fair Housing in Texas page.
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