IHCDA announces over $4.6 million in Owner Occupied Rehabilitation Awards
INDIANAPOLIS – The Indiana Housing and Community Development Authority (IHCDA) approved at their board meeting last week combined awards of more than $4.6 million to 20 Indiana municipalities for the development and implementation of Community Development Block Grants (CDBG) Owner Occupied Rehabilitation (OOR) projects.
The federally funded program, administered in Indiana by IHCDA, seeks to improve the quality life of the existing housing stock. OOR provides grants to selected applicants for the rehabilitation of low-to-moderate income residents in owner-occupied housing. Preference is given to seniors, families with children and persons with disabilities. Eligible activities include minor repairs to an inoperable or faulty furnace, leaking roof or unsafe electrical wiring and plumbing as well as lead-based paint abatement and mold remediation.
Each OOR application was scored based on requirements outlined in IHCDA’s 2016 CDBG OOR application policy. Applications were checked for completeness and threshold requirements. Applicants with a score of 43 or higher were awarded all or part of the funding they requested.
In 2008, IHCDA received CDBG Disaster (CDBG-D) funding as a result of floods throughout the State of Indiana. IHCDA set aside $23,000,000 for owner occupied rehabilitation programs in those areas. Prior to the beginning of the 2016 CDBG OOR program year, $1,862,050 CDBG-D OOR funds in the OOR line-item remained. As a result, IHCDA allocated these funds as supplemental funding in this CDBG OOR round to eligible not-for-profit organizations and municipalities.