Mayor Announces Availability of Up to $1.5 Million in HOME Funds Text Size
Mayor Alex B. Morse is pleased to announce the availability of up to $1.5 million in HOME funds for the development or rehabilitation of owner occupied or rental housing or for direct home buyer assistance in the City of Holyoke.
The City of Holyoke Office for Community Development is seeking proposals from qualified developers and community housing development organizations to expand the supply of decent and affordable housing for low and moderate income residents. The HOME Investment Partnership Program is funded by HUD and contains stringent requirements regarding the use of funds, developer capacity and experience, financial commitments, housing quality standards, and timelines.
Mayor Morse states “HOME funds enable the City to offer quality housing, to increase the residential tax base, and to allow more households to make the City of Holyoke their home.”
Potential applicants are advised to contact the Office for Community Development at 413-322-5610 to request an electronic application. Applications are due by June 2, 2014. Additional information can be viewed at the Office for Community Development webpage.
Posted on April 18, 2014 by tromboletti