Housing Programs
Lower income, first-time home purchasers can receive as much as $15,000.00 financial assistance to greatly help with the purchase of a significant, safe and sanitary house located in the town. Other system eligibility demands consist of homeownership training, capability to be eligible for a mortgage that is primary minimal $1,000.00 investment because of the customer being a U.S. citizen Midland resident. Your home can be a pre-owned or even a construction unit that is new.
Minor Repair Program
The City provides assistance that is financial low-income property owners for major plumbing system, electric, heating/AC, and roofing repairs. To qualify, you have to be a home owner of two or more years and are now living in a CDBG income qualified part of the city. This system comes in CDBG income eligible areas. Predicated on a sliding scale, a family group need to pay ahead of time a portion associated with the price which range from the absolute minimum $50.00 to 95% regarding the repair cost that is total. The town may help with procuring a specialist and certainly will pay the contractor for the total amount associated with the repair work. Cosmetic repairs, artwork or area finishing are not qualified. Domiciles unsuited for rehabilitation will never be qualified to receive assistance. Contact the Community developing workplace at 685-7472 to learn more.
Housing Reconstruction System
The City provides loans that are affordable complete house replacement jobs. Presently, funds are merely designed for crisis circumstances the place where a true house is unsuitable for rehabilitation as well as for living as verified by town building, wellness and/or security officials.
To qualify, one must be considered a home owner of several years, be an outright owner regarding the home, be low income, be credit worthy and are now speedy cash living in a CDBG earnings qualified part of the city. The support is supposed to be a combination amortized loan (AL) which requires monthly obligations at a minimal rate of interest and a deferred re payment loan part that is a forgivable, no payment loan that is monthly. The larger an applicant’s earnings, the greater amount of the AL percentage of the mortgage shall be for the applicant. Existing home loan stability shall hinder or end loan consideration. A lien will soon be filed for the quantity of the blended loan with the town. The town will help the applicant using the reconstruction process contractor selection that is including.
Midland has a number of services open to homeless individuals. The way that is best to get into these types of services is always to contact the data and Referral Helpline. The Midland Coalition for the Homeless is a team of residents that represent agencies in Midland who work with the advantage of the area’s population that is homeless. To get info on this combined group phone the City’s Community Development office.
