Housing nonprofit marks five years by launching new rent-to-own program
March 4, 2021 2
This house on North 30th Street in Church Hill is the first built specifically for the rent-to-own program.
(Photos courtesy of MWCLT)
On the heels of its fifth year in existence, and its third providing houses for lower-income residents, a homegrown nonprofit is marking the occasion with a new program aimed at broadening its reach for facilitating homeownership.
The Maggie Walker Community Land Trust has launched a new rent-to-own program that’s aimed at helping renters prepare to become homebuyers.
Called the Homeownership Bridge program, it uses grant funds awarded through the City of Richmond’s Affordable Housing Trust Fund to set aside homes specifically for would-be buyers who do not currently qualify for a mortgage, be it due to a low credit score or an inability to afford a down payment or pay closing costs.
Federal grant funding available to Utica nonprofits
Utica nonprofit organizations can apply for federal funding through the city’s Department of Urban & Economic Development, to support services that benefit the community.
Posted: Feb 3, 2021 12:17 PM
Posted By: WKTV
UTICA, N.Y. – Utica nonprofit organizations can apply for federal funding through the city’s Department of Urban & Economic Development, to support services that benefit the community.
The 2021-22 funding is provided by the U.S. Department of Housing & Urban Development (HUD).
HUD offers funding through Community Development Block Grants (CDBG), Emergency Solutions Grants (ESG) and the HOME Investment Partnerships (HOME) program.
“Since the inception of the pandemic, non-profits have played an integral role in providing support services for individuals in our community,” said Utica Mayor Robert Palmieri. “It is important the city allocate all available resources to assist our local non-profits in fu
From Mirror staff reports
Blair County Planning Commission members on Thursday agreed to send letters of support for funding of two area sewer projects.
The Duncansville Municipal Authority is seeking Pennvest funding for an upgrade to the sludge dewatering system at the Duncansville Wastewater Treatment Plant, which includes replacement of its failing sludge dewatering machinery and associated pumps and controls and replacing them with modern, state-of-the-art sludge dewatering machinery, pumps and controls.
Frankstown Township proposes to use Community Development Block Grant funds from the U.S. Department of Housing & Urban Development to extend the existing sanitary sewer system along Frankstown Road to existing residential structures in the township.
Atlanta Mayor Keisha Lance Bottoms (Photo by Matt Hennie)
Jerusalem House the city’s largest housing provider for low-income people with HIV was late paying January rent for over 400 of its clients because the City of Atlanta was months behind on reimbursing the non-profit.
It’s the latest chapter in the city’s years-long struggle to clean up its dysfunctional Housing Opportunities for People With AIDS (HOPWA) program. An inefficient process sometimes requiring 3,000 pages of documentation for each monthly reimbursement request is partly to blame, according to Jerusalem House Executive Director Charlie Frew.
“We have to be on a regular schedule of funding,” he told Project Q Atlanta in December. “We can’t be six months in arrears. Two months in arrears is the way a reimbursement process like this is supposed to work. And we’re just so far off track.”
Correction: A previous version of this story said that Bank of America provided a $3 million tax credit equity to the Lofts on Lemon project, according to information provided by the Sarasota Housing Authority. The actual total value of the tax credit equity is $15.46 million.
SARASOTA There may be plenty of jobs in downtown Sarasota, but when it comes to finding affordable, convenient housing for the workforce, there aren t a lot of options.
That s why community stakeholders say the Lofts on Lemon project, consisting of 128 housing units, including 52 aimed at hometown heroes like teachers, health care workers and first responders, is so significant.