Saturday, December 15, 2012

CDBG Housing Rehab Pre-Applications




The Town is seeking pre-applicants for potential, interest free, no-payback, housing rehabilitation grants next summer.

Bridgewater is partnering with the Town of Norwood in an application for a Community Development Block Grant (CDBG). If received, the grant will provide interest free, potentially no payback loans for certain housing rehabilitation projects.  Properties eligible for the loans will be owned or rented by low to moderate income residents.

The CDBG grant application requires that Bridgewater show a need for housing rehabilitation.  Need is shown by a waiting list of pre-applications from eligible property owners.  A substantial waiting list will bolster Bridgewater’s proposal.

A pre-application does not obligate either the property owner or the Town.  However, it gives a pre-applicant priority in receiving assistance if the CDBG grant is received.

Eligible property owners are urged to consider their needs and submit a pre-application as quickly as possible.  Further information on eligibility is available on the pre-applications form and from the Town Planner.

Pre-applications are currently available at the Bridgewater Board of Health, Library, Senior Center, Town Hall or by calling Bridgewater Town Planner, Greg Guimond at 508-697-0950.

CDBG grants are extremely competitive and award announcements will not be made until the spring of 2013.

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