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State money to help Lindale homeowners

State money to help Lindale homeowners
News
Wednesday, February 22, 2012 - 6:58pm

Several homeowners in Lindale will be able to access state funds for new or refurbished houses thanks to the city qualifying for a $542,000 award from the Texas Department of Housing and Community Affairs.

“Homeowners have to qualify for this grant money,’’ said Lindale City Administrator Owen Scott. “Part of the qualification process is that they have to have owned their home for at least two years, the taxes have to be current and other factors.’’

And the city won’t even have to manage the money, Scott said. That job will be done by Gary Traylor and Associates of Tyler.

“It’s one of those things that doesn’t cost us anything,’’ Scott said. “Hopefully this will help some families get a new house. We’ve already gotten several calls on this.’’

The reality of the situation, Scott said, is that most houses would cost more to refurbish than to simply bulldoze and start over.

“Repairing older homes not only helps maintain homeownership for low income families, it also helps maintain the vitality of smaller Texas communities,” noted Tim Irvine, TDHCA Executive Director. “Home repair assistance also benefits the regional economy through an influx of construction payroll salaries and increased taxes and fees that help fund essential public services.”

Read more here: http://www.news-journal.com/lindale/news/state-money-to-help-lindale-hom...

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