CITY OFFERS UP TO $30,000 TO RESTORE SUBDIVIDED HOMES TO SINGLE-FAMILY In an effort to preserve and revitalize Aurora’s older neighborhoods, the City of Aurora will again offer incentives to homeowners for home restoration projects that convert subdivided homes back to their original single-family designs. The Single-Family Home Restoration Program seeks to reduce housing density and to improve the historic character of older neighborhoods by encouraging residents to restore their homes to their original intended use. The program offers homeowners soft loans to help cover up to 90 percent of construction and other costs related to turning a previously sub-divided home back into a single-family home. These loans are available for up to $30,000 depending on the number of housing units currently in the home, and can be forgiven following completion of the project. Program funds can be used for engineering and architecture services, building and planning fees, or construction costs. Applications can be found at aurora-il.org under the Quick Links section of the homepage. The deadline to apply is 5 p.m. on Monday, Dec. 1. Other rules and restrictions exist for this program. For more information, contact City of Aurora Neighborhood Redevelopment at 630-256-3320, or in person at the Neighborhood Redevelopment Office, 51 E. Galena Blvd.
Posted on: Wed, 12 Nov 2014 15:01:51 +0000