The City of Sebastian does hereby announce that funds are available for housing rehabilitation/replacement through the Community Development Block Grant (CDBG) program. The City is now soliciting applications from very Low, Low and Moderate Income (LMI) households for the rehabilitation of homes within the city limits.
Donor Name: City of Sebastian
State: Florida
City: Sebastian
Type of Grant: Grant
Deadline: 01/19/2023
Details:
The City of Sebastian is providing housing assistance to owner-occupied households through the CDBG program in order to complete a HUD national objective through the revitalization of conditions in low to moderate income areas.
Only Mobile Homes built after 1996 are eligible. Homeowners must be able to provide proof of Homeowner’s Insurance. The City has been awarded $90,000 and is required to assist a minimum of 2 Households. Below is general information on the application process.
All projects must benefit very low (VLI), low (LI), and low to moderate income (LMI) households. To qualify for the program, the property must be within the legal City Limits of City of Sebastian, FL; and must not exceed 80% of the Median Family Income (MFI) for the area, as determined by the 2022 Adjusted HOME Income Limits determined by the Department of Housing and Urban Development.
Requirements and Activities
The following requirements and activities apply under this CDBG funded housing rehab assistance program:
A. Potential recipients must be a primary resident of the City of Sebastian, Florida.
B. Funding can only be used to assist in rehab of an owner/occupied primary residence
(homestead).
C. All applicants must meet the minimum Section 8 HUD approved income limits and provide documentation to prove eligibility.
D. A second mortgage, note and deferred payment lien will be required for the assistance (no interest, no payments if requirements are met).
E. A minimum of 11 units will be rehabilitated through assistance to income eligible applicants (less than 80% of Area Median Income).
F. Rehabilitation assistance of up to $80,000.00 for single family homes and up to $20,000 for mobile homes (mobile homes must have been built on or after January 1, 1997).
G. Focus shall be on units that require repair.”
For more information, visit City of Sebastian.
