Agenda - 04-12-2007-4 - Laserfiche WebLink

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10 Property owner assistance would be provided in the form of a direct grant payment/transfer to the assessment fund based on the following determination: • For applicants with household income up to 80 percent of HUD published median income limits, the County would pay 100 per cent of the assessment • For applicants with household income 80 to 100 per cent of HTJD published median income limits, the County would pay 50 percent of the assessment Terms of Assistance borrowed from the Rogers Road Waterline Connection Project include: • Applicants must execute a grant agreement with documented proof of property ownership and family income • Applicant household income could be up to 80 per cent of I~[ITD published median income limits • Applicants can not have any preexisting overdue County loans or loans in default to the County • Applicants must not be outstanding in their County property taxes • Applicant/landlords must sign an agreement restricting rental rate increases • Confidentiality, Conflict of Interest, and Non-Discrimination statements/provisions are applied Advantages• - The County has prior experience in the promotion and implementation of this type assistance program. - HUD income guidelines are a nationally recognized and generally acceptable index for determining eligibility based on need. - Simplified accounting with the direct and immediate elimination of the particular assessment/liability. Disadvanta~es• - This policy - as with the Rogers Road Waterline Connection Program -would place additional responsibilities upon County staff (Housing and Community Development and Engineering) to conduct outreach and educational sessions and handle the administrative tasks for program accuracy and accountability. - Local general funds are the only known public finances available to cover relief assistance grants.