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Section 504 Home Repair Program – This program provides loans and grants to low-income and elderly homeowners, respectively, to help cover the cost of repairing or modernizing their single ...
Section 504 loans and grants are a USDA rural housing repair program authorized under Section 504 of the Housing Act of 1949. Under current regulations, rural homeowners with incomes of 50% or less of the area median may qualify for the Rural Housing Service (RHS) direct loans to repair their homes. Loans are limited to $20,000 and have a 20 ...
The new “high-efficiency electric home rebate program” delivers homeowners in lower income households — earning less than 150% of an area’s median income — up to $14,000 cash back when ...
However, federal regulations require that every single government that receives funds must provide 25 cents on their own for every HOME dollar used. [2] If for example a state plans to use $1 million of HOME funds during the year, HUD provides $750,000 (75%) and the State must provide $250,000 (25%) for the program to achieve the $1 million goal.
This program targets landowners and promotes the maintenance of private grazing land in order to produce higher quality grass than previously found in a specific location. The GLCI provides education materials for anyone who is interested in improving their private grazing land. [7] Conservation of Private Grazing Land Program (CPGL)
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The Michigan Strategic Fund would take over the State Land Bank Fast Track Authority from the Michigan State Housing Development Authority. [ 4 ] The Michigan Department of Talent and Economic Development came into existence on March 16, 2015 with the department's first director being Steve Arwood, concurrently CEO of the MEDC.
A $20 million fund announced Tuesday aims to help more than 1,000 income eligible Detroiters fix up the living conditions of their homes.