Community Development is Now Accepting Applications for the Disaster Recovery Housing Repair Program
(Fayetteville, N.C.) –The City of Fayetteville’s Community Development Department is now taking applications for the Disaster Recovery Housing Repair Program. This program is designed to serve as an additional means of financial assistance for low-to-moderate income homeowners and investor owners with rental property that houses low-to-moderate income tenants that sustained damages as a result of Hurricane Matthew.
The goal of this program is decrease the financial burden to property owners located within the city limits of Fayetteville with housing repair costs not fully covered by FEMA, SBA or private insurances for housing units affected by Hurricane Matthew.
The Disaster Recovery Housing Repair Program will offer grants up to $5,000 to low-to-moderate income owner occupants and zero percent interest loans up to $5,000 for investor-owners housing low-to-moderate income tenants to assist with housing repairs.
The Community Development Department also has existing housing programs that are available. These programs include the Owner-Occupant Housing Rehabilitation Loan Program, Investor-Owner Housing Rehabilitation Loan Program, Mobile Home Urgent Repair Program and the Emergency Home Repair Program.
Any low-to-moderate income persons meeting HUD’s income guidelines affected by Hurricane Matthew is eligible to apply. This includes owner occupants and the tenant of the investor owner property.
All applicants must reside within the city limits of Fayetteville and provide verification that they have applied for FEMA assistance and have filed a claim for insurance, if applicable.
To apply for the program or to obtain additional information, please stop by or contact the Community Development Department, Festival Park Plaza, 225 Ray Ave., Suite 198, (910) 433-1590.