For Immediate Release:
September 28, 2009
County offers home repair assistance to residents
Applications must be filed with the Planning Board by Dec. 16
FREEHOLD, NJ – Does your “To Do” list include major home repairs that you cannot afford? The Monmouth County Planning Board may have a solution.
To assist homeowners with plumbing, electrical, structural, roofing, heating, ventilation and lead-based paint remediation, the county Planning Board has a program that will provide up to $20,000 in assistance to 70 financially qualified Monmouth County households who apply by Dec. 16.
“This program helps homeowners on tight budgets make necessary home repairs and upgrades and encourages them to stay in their homes,” said Freeholder Deputy Director John D’Amico, liaison to the Planning Board. “Applicants must meet gross income limits based on their family size to be eligible for the 10-year, interest free, deferred-payment loan.”
To qualify, a homeowner must be listed on the deed to the home, live there year-round and be up-to-date with all mortgage payments, water and sewer charges, and real estate taxes. The loan will be totally forgiven if the homeowner resides in the home for 10 years after the repairs are completed.
A random drawing will be held for the available spots in the 2010 program. There is a limit of one coupon per household.
Homeowners in the following towns are eligible to apply: Aberdeen, Allenhurst, Allentown, Atlantic Highlands, Avon-by-the-Sea, Belmar, Bradley Beach, Brielle, Colts Neck, Deal, Eatontown, Englishtown, Fair Haven, Farmingdale, Freehold Borough, Freehold Township, Hazlet, Highlands, Holmdel, Howell, Interlaken, Keansburg, Keyport, Lake Como, Loch Arbour, Manalapan, Manasquan, Marlboro, Matawan, Millstone, Monmouth Beach, Neptune, Neptune City, Ocean, Oceanport, Red Bank, Roosevelt, Rumson, Sea Bright, Sea Girt, Shrewsbury, Shrewsbury Township, Spring Lake, Spring Lake Heights, Tinton Falls, Union Beach, Upper Freehold, Wall, and West Long Branch.
This program is funded by the Monmouth County Board of Chosen Freeholders through a grant from the U.S. Department of Housing and Urban Development (HUD).
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