|Middletown's Neighborhood Rebuilders Program- PDF Version
The program is designed to provide funds to aid in the elimination of specific conditions of severe blight or physical decay. The overall program goal is to maintain neighborhood and property values, offer opportunities for development of new, affordable housing for low/mod income homeowners and protect the public health, safety and welfare of the residents of the City of Middletown through the demolition/clearance and removal of blighted dilapidated or condemned structures as defined in the Middletown Code of Ordinances, section 5-18.
Applicants eligible to apply for funding under this program are non-profit 501(c)(3) corporations and public agencies desirous of removing blighted buildings for the purpose of provision of new affordable housing for low or moderate income homeowners, neighborhood revitalization in designated program areas, or public health and safety.
The City of Middletown, through its Community Development Block Grant Program, will provide up to 100% of property demolition/disposal costs in the form of a grant administered by the Community Development Program Administrator. Funding is allowed for the aforementioned purposes only, and will not be allowed to fund administrative costs. In cases of foreclosure of blighted buildings by the City, certain acquisition costs will also be funded by this program. Applications will be reviewed by the Application Review Committee (ARC) of the Citizenís Advisory Committee (CAC) and recommended to the Common Council of the City of Middletown for final approval or denial. Progress on an approved plan must start within two months. A lien will be placed on the property for the amount of the grant, said lien to be released when the project complete if the applicant has shown how the affordability to low/mod income beneficiaries will be retained. If the applicant cannot show low/mod income affordability, the lien remains until paid off by a higher income buyer in the future.
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