~ Evansville, IN - Low-income households in Evansville can now breathe a sigh of relief as city officials have announced an increase in funding for home repairs through the Affordable Housing Fund Advisory Committee (AHFAC) Rehab Program. The program, which is administered by the Department of Metropolitan Development, will now provide up to $25,000 for qualifying households in need of repairs.

This decision was made by the AHFAC after a recent vote to increase the maximum amount from $10,000 to $25,000. The funds will be available as a loan and can be forgiven if the homeowner remains in the property for at least five years after receiving the assistance.

Mayor Stephanie Terry expressed her excitement about this development, stating that "our neighborhoods are the heart of our community and it is our responsibility to revitalize them." She also mentioned that an additional $250,000 has been added to the Affordable Housing Trust Fund as part of their efforts to strengthen and improve living conditions for residents.

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To apply for assistance through the AHFAC Rehab Program, eligible residents can submit an application form which is available online or by calling the Department of Metropolitan Development at 812-436-7823. Applicants must meet certain criteria including being low-income based on income guidelines set by the Department of Housing and Urban Development, owning and occupying their primary residence for at least one year with no intention to sell or rent it out, living within Evansville city limits, having current homeowners insurance and property taxes, and being up-to-date on mortgage payments.

In addition to these requirements, applicants must also comply with environmental restrictions such as floodplain regulations and historic preservation guidelines. For any questions or concerns about the program, residents can contact the Department of Metropolitan Development at 812-436-7823.

This increase in funding for home repairs is a positive step towards improving living conditions for low-income households in Evansville. With this support from city officials, residents can now have a safer and more comfortable place to call home. The application form and additional documents can be found on the city's website for those in need of assistance.

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