Low Income Housing Grants, Loans due by Sept. 30th
Posted September 1, 2015 at 5:26 am by Tim Dustrude
San Juan County will award grants and loans totaling up to $20,000 in 2015 for projects that help make housing available to local residents of very low income.
The Low Income Housing Fund, created by the state legislature in 2002, is funded by a surcharge on documents recorded by the county auditor’s office. Funds may be used for construction, operation or maintenance of projects that serve families or individuals earning less than 50 percent of the area’s median income.
For a family of four, 50 percent of median income in San Juan County is $33,100.
Funding is available to non-profits and developers, either as grants or loans for eligible projects in San Juan County. Funding is not available for individual home purchases, or home remodel or rehabilitation.
The county allocates 5 percent of its low-income housing funds directly to the Town of Friday Harbor and 5 percent into a reserve account as well. The funds are administered by the county Housing Bank Commission.
The deadline to apply for funding is Sept. 30. Please visit the County’s website at: SanJuanCo.com or contact Melanie Rollins, Affordable Housing Coordinator, for application forms or more information; phone (360)370-7526 or email melanier [@] sanjuanco [.] com.
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