City offers “Housing Repair/HOME Purchase Program”
The Mayor’s Office of Economic and Community Development funds the following through the City’s Community Development Block Grant Program (CDBG)
City of Charleston Rehabilitation Program (CORP)
This loan is designed to provide assistance and incentive to income qualified owner-occupant individuals and/or families to keep their homes in good repair and in compliance with the Charleston City Code and HUD’s Section 8 Existing House Code. It currently provides up to a $20,000.00 loan to accomplish this goal.
Emergency Grant Program
Provides a two year forgivable loan to assistance income qualified homeowners in the City of Charleston whose dwellings have a qualified health and/or safety hazard.
Volunteer Program
Mayor’s Office of Economic and Community Development partners with volunteer programs to provide rehabilitation work for owner- occupied low to moderate income houses. Through these partnerships, MOECD provides funding for materials and supplies while the volunteers provide free labor. Work done through these programs requires no payment from the homeowner. Work performed by the volunteers is limited to primarily exterior repairs and must fit into guidelines established by MOECD and the volunteer organization.
HOME BLEND
The objective of this program is to provide funds to very low and moderate-income households in the form of sales price subsidies. This program reduces the cost of home ownership by significantly reducing the payable loan amount. The subsidy is provided in the form of a forgivable loan directly to the applicant. A lender participating with the City of Charleston/Kanawha County Consortium provides a percentage of the selling price in the form of a mortgage loan.
Applicants must qualify under the guidelines set forth in this handbook and must be below 80% of median income in the Charleston/Kanawha County Metropolitan Statistical Area. These funds may be used on newly constructed homes or existing homes. Funding can only be provided to acquire residential dwellings within the designated Consortium areas. Condominiums, Mobile homes, trailers and commercial buildings are ineligible.
Download the flyer (here).