LEDYARD, CT

2015 Ledyard Rehabilitation Program

Last Updated:7/20/2017

Assistance Agreement
Project Schedule
Project Budget
Local Assurances
Certified Resolution
Legal Opinion
Expenditures Agreement

Quarterly Report 10/01/2015 - 12/31/2015
Quarterly Report 01/01/2016 - 03/31/2016
Quarterly Report 04/01/2016 - 06/30/2016
Quarterly Report 07/01/2016 - 09/30/2016
Quarterly Report 10/01/2016 - 12/31/2016
Quarterly Report 1/01/2017 - 3/31/2017
Quarterly Report 4/01/2017 - 6/30/2017

OVERVIEW:

The Town has recieved Small Cities Community Development Block Grants in 2011, 2013 and now, 2015. The new $400,000 grant wil let us continue the successful housing rehabilitation loan program.

Eligibility

Eligibility is based on a combination of household size and household income. For example, for a family of four the income limit is approximately $65,000. This number changes from time to time and is based on 80% of the median household income in the region.

Eligibilty Activities

Eligibile repairs include the correction of health and safety violations, septic system repairs, code compliance, weatherization, energy conservation measurers, lead paint remediation, general home improvements such as roofing, carpentry, doors and windows, electrical, plumbing, heating and other non-luxury work. For this application, water connections will be given priority.

Loan Program

Funds are normally offered in the form of a deferred loan to owners/occupants. Deferred loans are 0% interest loans which require no repayment until a transfer of title, refinancing, the owner's demise or the subject property is no longer the applicant's principle place of residence.

More Information

More information and additional requirements can be found in the program brochure; Application.

Thank You!

Questions or Comments: Charles Karno, planner@ledyardct.org, 860.464.3215