May 6, 2011
Gordon Anderson (512) 475-4743
State housing agency makes $957,000 commitment to maintaining homeownership in Hale County
(AUSTIN) — The Texas Department of Housing and Community Affairs (TDHCA) and State Senator Robert Duncan today announced awards totaling $957,000 to two Hale County communities 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 $435,000 the City of Abernathy and $522,000 to the City of Petersburg which will help rehabilitate a combined 11 homes owned and lived in by income eligible households.
“I am pleased that some of my constituents most in need will soon enjoy the benefits of a new or substantially improved home,” said Senator Duncan 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. 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 Hale County equals an annual income of $37,200 for a family for four. Please contact the appropriate city directly for further information about these awards.
About the Texas Department of Housing and Community Affairs
The Texas Department of Housing and Community Affairs administers a number of state and federal programs through for-profit, nonprofit, and local government partnerships to strengthen communities through affordable housing development, homeownership opportunities, weatherization, and community-based services for Texans in need.
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