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CASE STUDIES: <br />MAINTENANCE INCENTIVES <br />Austin Programs for Older Homes Eligibility Requirements <br />Homeowners or renters in City limits <br />Grants for up to $20,000 to help make At least 62 years old or verified to be <br />Architectural Barrier Removal homes accessible for people with severely disabled <br />disabilities and seniors. Gross annual income at or below 80% <br />Median Family Income <br />Grants up to $20,000 to help fix Homeowners living within City limits <br />GO REPAIR! Grant dangerous conditions for homeowners <br />Program and to make homes more accessible Gross annual income at or below 80% <br />for homeowners with disabilities. Median Family Income <br />Homeowners of single-family detached <br />homes within City limits <br />Offers 0% interest loans to help make <br />Home Applicant not discharged from <br />Rehabilitation owner -occupied homes safe, focusing bankruptcy less than two years before <br />Loan Program on interior and exterior repairs to <br />bring homes up to code. application date <br />Gross annual income at or below 80% <br />Median Family Income <br />Grants up to $7,5000 to help Homeowners living within City limits <br />inor Home Repair homeowners make repairs that pose <br />Grants an immediate threat to their health Gross annual income at or below 80% <br />and/or safety. Median Family Income <br />Grants up to $15,000 to help Single-family home or duplex <br />Plumbing Program homeowners with plumbing repairs Principal place of residence. <br />and water savings. Austin Water customer <br />Richardson Home Improvement Program <br />Incentive Eligibility Requirements <br />One-time payment equal to 10 times the increase All homeowners in areas zoned as single-family, <br />in city taxes based on the property's pre- and post- unless they are delinquent in taxes or other fees. <br />construction appraised value. Reconstruction or remodeling of a single-family <br />Paid to the homeworker on April 1 of the first full home at a cost of at least $20,000 to be completed <br />calendar year after the completion of the project. within 24 months. <br />Purpose Application <br />Encourage reinvestment in residential areas. Submit a Home Improvement Incentive Program <br />Distinguish Richardson from other communities application before beginning construction. <br />by giving prospective home buyers an economic Provide a cost estimate for the project. <br />incentive for buying a home in Richardson. Consent to periodic inspections during construction. <br />Increase the value of the city's housing stock. Execute an economic development agreement with <br />Ease the financial burden of house improvements the city, prepared and approved by the city attorney. <br />for homeowners. Verify final construction costs. <br />CITY HISTORIC PRESERVATION GOALS 137 <br />