Valdosta, GA- Residents of Valdosta have until August 15th to apply for a $10,000 home improvement grant through the Federal Home Loan Bank Program. The city received $600,000 from the program, which will allow 60 residents to receive that grant money.
There is a catch- residents must live in one of the city’s 17 ‘designated revitalization areas.’ Valdosta home owners who qualify as low to moderately-low income residents (according to HUD FY 2013 Income Limits) may be eligible to use this grant funding to make much-needed home repairs.
Grants are limited to home repairs which cost under $10,000, and each applicant must meet the following criteria:
Home must be located in the city’s Designated Revitalization Area (DRA).
Applicant must be the legal owner of record of the home.
Applicant must provide proof of income and residency.
Property taxes and insurance must be current.
Repairs must improve and/or remedy unsafe living conditions (e.g. roof repairs, electrical/plumbing updates, repairs to floors/structural members, etc.).
To apply or see if you qualify, visit the city’s website here.