Rehabs can include things such as roof repairs, furnace and hot water heater upgrades, lead paint removal and various other improvements. The state funds will cover just under $25,000 with the city using LMI funds generated by TIF districts to provide a $10,000 match, making up to $35,000 available for the rehab.
The other grant funds are used to pay the ECIA for administering the program.
Harmon hopes to use the expertise of the ECIA to survey the potential new target area. City staff is investigating whether LMI funds can be used to pay the ECIA for these services.