Wednesday, November 28, 2007

Local agencies receive housing grants

Four local non-profit agencies have received a total of more than $1 million in grants to provide housing for low-income individuals.

The funding comes from the Housing Assistance Grant Program, which is funded by the Ohio Housing Trust Fund and is administered by the Ohio Department of Development.

Program money can be used for home repair, handicapped accessibility, homebuyer education, or downpayment assistance.

The following agencies were awarded:

* Council on Aging of Southwest Ohio: $500,000
* People Working Cooperatively: $430,000
* Over-the-Rhine Community Housing: $87,700
* Resident Home Corporation: $50,000

Statewide grants totalled $6.08 million, which is expected to leverage another $5.6 million in public and private funds.

It is estimated that the funds will assist 2,817 households.

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