Some home-owning Immokaleans could take advantage of a state-county program to rehabilitate homes.
The Collier County SHIP Owner-Occupied Rehabilitation Program will hold an informational meeting about the various opportunities on February 5, at 6 p.m. at CareerSource Immokalee (the One-Stop Shop), 750 South 5th Street.
The program provides interest-free, deferred loans to assist eligible homeowners in with home rehabilitation.
How, one might ask, does one apply for such a loan?
Your annual combined household income cannot exceed these maximum income limits, based on family size of:
2014 Income Limits
Household Size: 1 2 3 4 5 6 7
Very Low (50%) $23,050 $26,350 $29,650 $32,900 $35,550 $38,200 $40,800
What are the requirements of a Homeowner? You must own or have a mortgage for at least twelve months and the home must be your primary place of residence. Proof of mortgage or deed as well legal residency or citizenship status, will be required.
Are there any restrictions as to where the property may be located? The property must be located within unincorporated Collier County, the City of Naples, the City of Marco Island, or Everglades City.
Are there any other restrictions? The Owner-Occupied Rehabilitation Program may be used to rehabilitate single-family homes, townhouses, or condominium units. Mobile homes do not qualify for assistance. The maximum assessed value of the property cannot be over $300,000, including after rehab assistance (As determined by the Collier County Property Appraiser assessed value).
How much money can I borrow? You may qualify for up to $30,000.00 for rehabilitation or repair work to your home. A Promissory Note will be secured by a Second Mortgage payable to Collier County when you sell your home, refinance your home, or lose your homestead exemption.
Who does the rehabilitation work? Homeowners will submit an Application for Housing Assistance to Collier County Community & Human Services Department (CHS). Once CHS determines the household is income eligible, we will refer your case to Centro Campesino Farmworker Center Inc. who will initiate an inspection of your home. The inspection will determine if your home is eligible for rehabilitation. Note* There is a two part approval process; 1) Household eligibility 2) Property eligibility.
Centro Campesino Farmworker Center, Inc. will oversee the rehabilitation process and will work with homeowners and contractors directly through the construction phase of the program.
Applications for the Owner-Occupied Rehabilitation Program are available at the Collier County Community & Human Services Department located at 3339 Tamiami Trail E, BldgH #211 Naples, Fl 34112.
Are there any fees required when applying? There is no application fee.
How are the funds distributed? Funds are loaned on a first come first serve basis. The County is particularly interested in assisting low and very-low income households.
Who do I call if I have more questions about this program? Call Mandy Moody at 239-252-2338 or Email at MandyMoody@Colliergov.net.