GALLIPOLIS — Gallia County’s 2013-14 Homeownership Program has funds available to assist at least three individuals or families and is currently taking applications.
The program is funded by the Community Housing Improvement Program grant (CHIP) and is administered by the Gallia-Meigs Community Action Agency, on behalf of the Gallia County Commissioners. It is designed to provide homeowner assistance to low-to-moderate income individuals or families in the county.
Gallia County Administrator Karen Sprague said in an e-mail that the county has received the two-year housing grant (CHIP) nearly every two years since 1993. The grant has assisted a total of 357 households in the county so far, with an awarded total of $5.03 million since 1993.
The county was awarded $400,000 in 2013 and 11 home repairs, three home major rehabs and three home acquisition rehabs have been completed via the grant so far.
‘We continually take applications, and if funding is not available we make a waiting list until we are awarded the next housing grant,” she said.
The remaining available funds for the year can assist at least three individuals or families seeking to buy a home, according to a recent news release from the commissioners office. The Homeownership Program can provide up to 10 percent of a down payment on a home purchase, or $5,000 — whichever is less. It can also provide up to $29,100 for any health and safety issues with the home to be purchased, in order to bring the home up to Ohio Residential Rehabilitation Standards.
To be eligible for the program, individuals or families must meet the following income limits: One person, $29,700; two people, $33,950; three people, $38,200; four people, $42,400; five people, $45,800; six people, $49,200; seven people, $52,600; eight people, $56,000.
Additionally, applicants must meet home down-payment assistance requirements, complete an online home-buyer education course and have the required credit score needed to obtain a loan through either a bank, mortgage company or USDA Rural Development’s Housing Loan Program, Sprague said.
The required online course includes a home buyer guide, a monthly budget form and a 25-question home buyer education test.
In addition to the CHIP grant, the Gallia-Meigs Community Action Agency facilities various programs to aid low to moderate income individuals or families in both counties, from funding home repairs to providing brand new homes.
“We’ve built about 40 brand new homes in Meigs and Gallia counties,” said Tom Reed, executive director of Gallia-Meigs Community Action Agency.
Interested residents of Gallia County can contact the Gallia-Meigs Community Action Agency Office at 446-1018 or 367-7341 to apply for the Gallia County Homeownership Program or for additional information.