ASHEBORO — Applications are being accepted for Asheboro’s new Urgent Repair Program to assist low income households facing housing conditions that pose imminent threats to life or safety.
The program is for owner-occupied housing in which households earn no more than 50 percent of the state’s non-metro median income.
Applicants must live within the Asheboro city limits, and have a special need such as elderly, handicapped or disabled, a single parent with dependents living at home, a military veteran, five or more in the household, or with a child below the age of 6 with an elevated blood lead level.
The household must have urgent repair needs which cannot be met through other state or federal housing assistance programs.
According to Trevor Nuttall, community development director for Asheboro, the city will provide assistance in the form of a loan to homeowners whose homes are selected for repairs. Those selected will receive an unsecured deferred, interest-free loan, forgiven at the rate of $3,000 per year until the principal balance is reduced to zero.
The amount of the loan will depend on the scope of the needed work to address the threats. There is no minimum amount but the maximum amount is $12,000.
Application packets can be found at asheboronc.gov or at Asheboro City Hall, 146 N. Church St. Eligible applicants will be selected on a first-received, first-served basis until funds are exhausted.