Thursday, August 25, 2011

$132,317 Awarded for single-family programs in Crowley, Bent and Otero Counties

The Department of Local Affairs has announced that $132,317.00 in Community Development Block Grant (CDBG) funds has been awarded to Crowley, Bent and Otero Counties for the following project:

Crowley County, on behalf of the Tri-County Housing and Community Development Organization (TCHCDC), will receive a grant of $132,317 to continue funding of their three-county (Bent, Crowley and Otero) Single-family, Owner-Occupied Rehabilitation Program for households at or below 80% of Area Median Income. The new grant funds will be used for administrative costs to provide low-interest loans for twenty-five (25) rehabilitation projects and five (5) essential repairs. This SFOO Rehabilitation Program has received funding from the Colorado Division of Housing since 1991 and has completed rehabilitation of 479 homes.