Municipal Housing Rehabilitation Program Approved by Board of Selectmen
After a public hearing held March 5, 2018, the Board of Selectmen unanimously voted to support
the Municipal Housing Rehabilitation Program at no cost to the town.
The subject of this Public Hearing was Guilford’s application to the state for a Small Cities grant for $400,000 in housing rehabilitation funds. This Public Hearing’s purpose was to discuss the income re-use plan; 2) to report on the status of any previous Small Cities grants; 3) to receive comments on the 2018 Small Cities application, and 4) to discuss questions of process, qualifications, requirements, as applicable. With regard to the four purposes stated above, please note:
- All repayments from housing rehab loans will be deposited into a revolving loan account and used exclusively for further housing rehabilitation activities at the homes of low and moderate income Guilford residents;
- There are no open Small Cities grants to report on;
- The Town of Guilford intends to apply for $400,000 in Small Cities funds to conduct a housing rehab loan program to assist in making health and safety improvements to the homes of approximately 12-15 low to moderate income Guilford residents.
- The application process includes submitting an application in April. The town generally hears results of application submission in July. If awarded, the town implements the application as written, generally with the assistance of a consultant hired for the purpose.