Housing Rehabilitation Program
This program is intended to provide safe and decent housing to the Town of Guadalupe residents by offering funding options to assist homeowners with the rehabilitation or modification of their home. The program is open to all residents who live within the incorporated boundaries of the Town of Guadalupe. The maximum grant amount is 20,000.
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Applicants must meet all required guidelines to qualify. Download the application below, and please make sure to read all required guidelines and requirements prior to submitting an application.
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Return completed application in person at our main location or by email (please email documents in a zip file): guadalupecdc.applications@gmail.com
Eligibility Requirements
To be eligible, the applicant and/or the property to be rehabilitated must meet the following criteria:
1
Homeowners Insurance
Applicant must provide proof of current homeowners insurance, and property must be located within the incorporated boundaries of the Town of Guadalupe.
2
Feasible for Rehabilitation
Property must be feasible for rehabilitation under the time and monetary constraints of the program.
3
Owner Occupied
The property must be owner occupied as a primary residence in order to meet the eligibility requirement.
4
Free of Liens
Property must be free of liens that unduly restrict the marketable ownership interest, such as liens and non-occupants named on a deed.
5
No Assets Over 25K
The applicant cannot have assets that total more than $25,000 (e.g. cash, stocks, bonds, money market accounts, IRA, etc.) This is exclusive of the home they live in, two vehicles, and personal property necessary for daily living.
6
Prior Assistance
Homes built within the last 25 years, as well as properties that have already received rehabilitation assistance from Guadalupe CDC, until after the expiration of prior forgivable grant periods have concluded, are ineligible for rehabilitation.
7
Verifiable Income
Applicants must have a verifiable income that falls below 80% of the area median income. Income verification is valid for a period of six (6) months. Upon expiration of income verification information, applicants must complete and submit a new income verification package.
8
Building Code Issues
Properties with a building code issue are generally not eligible for rehabilitation. However, if the issue is relating to a correctable building condition that HRG funds can correct under the requirements of the program, then the property may be deemed eligible.
9
Homes of Historical Value
All applicant homes of historical value may only be eligible upon favorable review by the State Historic Preservation Office.
10
Mortgage Payments
Applicant must be current with their mortgage payments (if applicable) and taxes. Properties may be encumbered by a mortgage in the first position so long as a financial institution or other such mortgage company holds that placing lien for the rehabilitation deferred payment loan in second position. Properties encumbered by mortgages held by individuals or partnerships are not eligible for this program.
General Requirements
The Guadalupe CDC will certify that Applicant(s) is the owner of record for the property listed on the application and it is their principal and only residence. All persons listed as Owners of Record will be considered members of the household without regard to their actual place of residence. Any person residing in the home, regardless of relationship to the homeowner or lack thereof, shall be counted as a household member.
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Required documentation includes but is not limited to the following (which must be current within the last six (6) months):
01
Proof of all household income
02
Provide Social Security Cards/Photo ID for all household members
03
Must provide proof of disability
04
Provide proof of lawful presence
05
Signed release for income verification
06
Must provide proof of property ownership
07
Proof of homeownerships insurance, property taxes and any/all special assessments are current
08
Evidence that household income is sufficient to maintain ownership
Income Verification
Gross income will be used to calculate income for all members of the household. Required documents to verify income will include but not limited to:
01
Bank Statements including checking and savings accounts
02
Paycheck stubs including tips, commission and bonuses
03
Social Security
04
Welfare Assistance
05
Alimony and Child Support
06
Minors income specifically disability payments
07
If self-employed, must include past two (2) years of income tax returns
08
Excluded items include earned income from minors (under age 18) educational income, food stamps, etc.
Median Income Guidelines
The HUD limits are based on median income figures, adjusted for family size and geographical variations in the cost of housing.
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HUD considers families at the 80% of the area median income level to be "low income" and families at 50% of the area median income level to be "very low income".
2023 Income Limit Category
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2
3
4
5
6
7
8
Very low (50%) Income Limit
32,750
37,400
42,100
46,750
50,500
54,250
58,800
61,750
Extremely Low Income Limit
19,650
22,450
25,250
30,300
35,140
40,280
45,420
50,560
Low (80%) Income Limit
52,400
59,850
67,350
74,800
80,800
86,800
92,800
98,750
Temporary Relocation Assistance
The Guadalupe CDC recognizes at times during housing rehabilitation project, temporary relocation may be required, especially if the completion of the identified repairs imposes a health and safety risk to the occupants.
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When temporary housing is warranted, arrangements will be made for the period of time estimated by the contractor to complete repairs. Budgetary restraints and the lack of available temporary housing within the town, may limit the participant's ability to temporarily relocate.
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The town will take the following steps to minimize the displacement of persons from their homes during rehabilitation:
01
The first alternative is to stage the reconstruction activities to allow participants to remain during the course of rehabilitation
02
The second alternative, the Guadalupe CDC will encourage the homeowner to seek relocation with family or friends during the course of rehabilitation