Housing preservation grants
Just as it did this week in Fairfax County. They received 2.5 million dollars for their community to help create jobs and repair housing. Their plan for a majority of this money will be to preserve rent controlled apartments.
In just 18 months, they have helped preserve nearly 600 rent-controlled apartments, condominiums and town houses as part of the county board�s goal of saving 1,000 units during its four-year term. That is a lot of good news for the community.
This housing preservation grants is to assist very low- and low-income rural residents individual homeowners. It also helps rental property owners of single and multi-units or co-ops.
These objectives will be accomplished through the establishment of repair/rehabilitation projects ran by eligible applicants. This program is intended to make use of and leverage any other available housing programs which provide resources to very low and low-income rural residents to bring their dwellings up to development standards.
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