Lincolnton residents may soon have the opportunity to get $45,000 to rehabilitate their homes.
Through a grant from the North Carolina Housing Finance Agency and distributed by the non-profit organization Community Link, prospective families may qualify for assistance to make their homes more energy efficient, make much needed roof or foundation repairs, update heating and air systems or plumbing or make their homes handicapped accessible.
The program is geared toward residents of Lincoln County who are 62-years-old or older or are disabled or families with a child under the age of 6 whose health is threatened by the presence hazardous lead based paints. As Community Link is a regional non-profit that enables low-income individuals and families to obtain and sustain safe, decent and affordable housing, the income for applicants must be less than 80 percent of the county median. That sounds like a hefty number, but the income limit covers approximately 85 percent of retired or disabled individuals who are living on retirement or disability. The owner of the home must occupy it and the home must be site-built and in relatively good condition.
The maximum amount of money that a home can receive is $45,000. Work costs accumulated will be in the form of a no-payment, no-interest loan to the owner, which is forgiven at a rate of $3,000 per year. Julia Bodden, Director of Outreach Polices and Analytics with Community Link in Charlotte said there are no gimmicks when it comes to the assistance. It is a desire to see a community safe and well that drives the organization.
For more information on how to apply for home rehabilitation funding, call Community Link at (704) 943-9490 or (800) 977-1969.