Marilyn Denson
Housing Tech
Phone:  (706) 225-3916
 

Aretha Jones
Home Buyers Program
Phone:  (706) 225-3921

HUD.GOV
 

Home Program News

Carl Gaffe’ of Community Reinvestment provided a Gift Certificate for a Holiday Turkey or Ham to Ms. Brigitte Bridier and Ms. Margaret Williams (both are Project Care recipients).  The gift certificate was a reward for maintaining the cleanest house he inspected during calendar year 2004.  The Community Reinvestment Division appreciates Mr. Gaffe’s thoughtfulness in going over and above.”

Carl Gaffe' & Ms. Bridier
 

Carl Gaffe' & Ms. Williams
 
   
   
   

Before Home Rehab

After Home Rehab

Before Home Rehab

After Home Rehab
Annual Action Plan | Draft of 2005 Annual Action Plan
CAPER | Organizational Chart
Public Meeting | Contact Us

HOME Program

Project Care

Homeowner Rehabilitation

Homebuyer Program
 
 

Our Goal

  

To provide access to fit and affordable housing for all of  Columbus, Georgia citizens and to ensure decent, safe, sanitary housing for Low/Moderate Income residents. 
 
 

Program Profile

  

Home Investment Partnership Program (HOME): funded by the Department of Housing and Urban Development (HUD).

 

Objective:

  • Provide HOME funding to address housing needs through homeowner assistance.
  • Provide mortgage companies and banks informational seminars to address certification issues and the process of applying for loans through the Down-payment Assistance Program plus
    explaining policies and procedures.

Provide contractors informational seminars to address how to do business with the City under the HUD Homeowner Rehabilitation Program. 
 
 

Project Care Program

  

The Project Care Program is an emergency grants assistance program designed to assist the elderly (62 or over) or disabled individuals with minor emergency repairs to their home.  This is a one-time assistance.  If you have previously received assistance through one of the other grant programs through the City of Columbus, you are not eligible for any additional assistance. 

Other requirements for eligibility are: 

The property to be rehabilitated must be legally owned and occupied by the person requesting assistance and it must be a single-family residential structure. 

The property must be in need of repairs in order to eliminate health or safety hazards, and/or require modifications to meet the needs of persons with disabilities.  The property must require a minimum of $200 of repairs or alterations and cannot exceed $5,000. 

The adjusted annual income of the family must be considered low income as established by The Department of Housing and Urban Development (HUD). 

For further information please contact the Community Reinvestment Division at 653-4613.
 

Homeowner Rehabilitation

The intent of the Homeowner Rehabilitation Program is to bring single-family owner-occupied homes up to meet housing code standards for low/moderate income families. 

If you are interested in the program you must complete an application at the time applications are issued.  Applications are processed in the order that they are received.

Other requirements for eligibility (and must be submitted with application) 

•          A copy of the deed to the property (showing legal ownership)

•          Proof of income for everyone living in the household

•          Proof of current homeowners insurance

•          Proof that property taxes are paid and current 

Homeowner rehabilitation assistance is available to single-family owner occupied homes.  The maximum amount of assistance is $30,000 and depending on the total family income maybe a deferred loan (grant) or a repayable 1%, 3%, or 5% Loan over a twenty year period. 

Deferred Loan (Grant):  This type of assistance need not be repaid as long as the recipient remains the owner and occupant of the property for 10 years after the loan.  If these conditions are met the loan will be forgiven at a rate of 10% annually and deed released after the 10-year period.  However, if the recipient moves out or sells the property within the ten-year period, then the entire balance remaining must be repaid. 

For further information you may contact the Community Reinvestment Division at 653-4613.
       

Homebuyer Program

The intent of the Homebuyer Assistance Program is to make homeownership affordable for low/moderate income families. 

If you are interested in the program and meet the income limits you will need to attend an 8-hour HUD approved Housing Counseling Seminar with either the Urban League of Greater Columbus (323-3687) or Columbus Housing Initiative (324-4663) and obtain a Certificate of Completion.  Afterwards you will need to contact a pre-certified lending institution (current listing below) to be pre-qualified for your mortgage.  The lending institution will then take over the process of your loan being approved and prepare the necessary documentation for our office.  The assistance cannot be used for any Adjustable Rate Mortgages or Balloon Mortgages. 

Homebuyer assistance is provided in the form of a $5,000 deferred loan.  The entire amount must go toward the down payment of the home.  The purchaser is not allowed to receive any portion of these funds as cash back at closing.  The seller or purchaser is responsible for the closing costs.  The closing costs cannot be taken from the $5,000 however, $1,000 of the assistance maybe used to pay prepaid fees (taxes and insurance). 

Deferred Loan: (Grant)

The Homebuyer Assistance Program is a Deferred Loan Program, which means the funds need not be repaid provided that the recipient remains the owner and occupant of the property for five years.  The assistance is forgiven at the rate of 20% ($1,000) annually for each year of occupancy over a five-year period.  At the end of the fifth year the loan is forgiven and the security deed is released of the lien.  However, if the recipient moves or sells the property within the five-year period, then the entire balance at that time will have to be re-paid. 

If you have owned a home in the past two years you are not eligible to participate in this program.  Homeowners are responsible for the continued maintenance of their home. 

For more information please contact the Community Reinvestment Division at 653-4613. 

Current Income Limits:  

http://www.hud.gov/offices/cpd/affordablehousing/programs/home/limits/income/index.cfm

American Dream Downpayment Initiative Program (ADDI)

The American Dream Downpayment Initiative (ADDI) was signed into law on December 16,  2003.  ADDI aims to increase the homeownership rate, especially among lower income and minority households, and to revitalize and stabilize communities.  ADDI will help first-time homebuyers with the biggest hurdle to homeownership – the down payment.  The definition (for purpose of the ADDI Funds) of a first-time homebuyer is a person who has not owned a home during the three-year period prior to the purchase of a home with ADDI assistance. 

The ADDI program will provide assistance in the form of a low-interest rate loan deferred until the time of sale, transfer or end of affordability period (five years).  The deferred loan will be in the amount of $10,000 or six (6) percent of the purchase-price of the home whichever is greater.  The maximum purchase price of the home will be $95,000 under this program.  

As stated above the ADDI Program will target the City of Columbus’ redevelopment areas to help stimulate both the existing property sales and new construction, while increasing the level of affordable housing.  The redevelopment areas are the 2nd Avenue, South Lawyers Lane, Beallwood, 5th/6th Avenue, East Highlands and the Medical Center areas.

For further information you may contact the Community Reinvestment Division at (706) 653-4613.
     

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