The City of Brooksville, Florida and the United States Department of Rural Development are instituting a 504 Grant/Loan workshop for homeowners whose homes are in need of repair and the homeowner is in a low income bracket.

They are holding a workshop on February 27, 2010 from 10:00 am to 2:00 pm at the City of Brooksville’s Council Chambers.

If you are interested, we strongly urge you to attend as the City of Brooksville staff will be available to answer questions and help you complete the applications.

PROGRAM REQUIREMENTS

Grant Requirements: Loan Requirements:
Must be 62 or older No age requirement
Maximum grant amount $7,500.00 Maximum loan amount $20,000.00
No repayment Repayment on loan
Must be living in home Must be living in home
Must be very low income Must be very low income
0% interest rate Interest Rate – 1% terms 20 years
APPLICATION REQUIREMENTS

Proof of ownership of the property (deed or mortgage)
Proof of income, if employed copy of last two paycheck stubs, 2007 and 2008 tax return forms, and all W-2’s.
Copy of social security card
Driver’s license
Detailed listing of the repairs needed

For further information or to download application visit www.cityofbrooksville.us or call Jeanne Moore 352-540-3810 or by email at jgmoore@cityofbrooksville.us