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01-17-1995 - Minor Home Improvement GrantsCity of West Covina a Memorandum TO: CityCouncil and CityManager AGENDA FROM: Human Services Department ITEM NO. C-s-a DATE ^1-17-95 SUBJECT: MINOR HOME IMPROVEMENT GRANTS ®PRINTED ON RECYCLED PAPER SUMMARY: The following, report outlines the City's past efforts with minor home improvement grant. programs and some options for the 1995-96 Community Development Program. BACKGROUND For the past 20 years, the City of West Covina has allocated a portion of the Community Development Block Grant funds to home improvements and repairs. Initially, the program simply provided a 10 % rebate to lower income homeowners willing to undertake, certain improvements. In 1976, the 10 % Rebate Program evolved into a deferred non -interest loan which currently is in effect. The deferred loan requires that homeowners income not exceed HUD established guidelines and that the proposed improvements be limited to those on the improvement eligibility - list. The maximum amount of the loan has recently increased to $15,000. The loan is secured by a lien on the property and is payable upon sale of the property and in most•cases when the property is refinanced. Approximately four years ago, the City Council asked Staff to look into a minor grant program to address minor repairs that might be needed by .lower income homeowners. This type of program is eligible for Community Development Block Grant funding but does require the applicant to show proof of income for the previous 12 months to confirm eligibility. The need. to disclose household income discouraged the few applicants that expressed an interest in the grant. Many discovered that they needed to do more than minor improvements and ended up getting a deferred loan. A. disadvantage.of a grant program is the loss of funds, unlike the deferred loan program which . revolves -funds as they are paid back to the program. , An advantage of a grant program is that it can have a quick approval and provide emergency repairs such as water heater replacements, broken windows, broken water lines, etc. Usually the proof of income by the applicant is what takes time. If Council wishes to pursue a Minor Home Improvement Program, it should be considered by the Human Services Commission together with the 1995-96 CDBG Program which currently is in the preliminary stages. RECOMMENDATION That the City Council refer this matter to the Human Services Commission to consider for the 1995-96 Community Development Block Grant Program. Gus Salazar Human Services Director MiMdW=.Cd0S:ic