City of Hooks working to provide new homes for local residents in need
The City of Hooks is looking to try to help some of their community members. Providing a brand new home to those in need is something that can help out in a big way, and that is exactly what Hooks is wanting to do.
The City of Hooks has received a HOME Investment Partnerships Program grant from the Texas Department of Housing and Community Affairs to build new houses for low-income homeowners.
The HOME Program is all about making sure that those whose home is not up to par can get an entirely new home.
The purpose of the HOME Program is to expand the supply of decent, safe, and affordable housing for low-income households. The program provides funds to demolish substandard housing and build a new home on the same site. To qualify for the program, homeowners must live in a substandard home, reside within the city limits of Hooks, own their own home, be current on their property taxes, have no liens or encumbrances on their property, and have an income at or below 80% of the Bowie County median income.
One of the most comment statements made when thinking about getting a new home is, “Can I afford this?” The price of a new home is not something to take lightly. These prices can often be daunting to many people. The HOME Program has an answer just for that. There is no cost to the homeowner to participate in the HOME Program. The assistance is provided in the form of a conditional grant for five years or a deferred forgivable loan 15 years. If the homeowner sells their home within that time period, they must repay a portion of the cost of the home. After that time period, the grant or loan is forgiven.
If you would like more information or an application there are a few different options that you have.
For a paper application, visit Hooks City Hall, 603 E. Avenue A, Hooks, TX 75561. To start your application online, visit bit.ly/HooksHOMEApp. Individuals that may require special assistance, such as persons with special needs, language interpretation needs, elderly or disabled, please contact City Hall to request accommodations. Applicants who complete an application and provide all necessary documentation will be contacted for an interview and verification of information.
The grant extends over a three-year period. All applications will be dependent on availability of funds. Qualified residents are encouraged to apply as soon as possible.
For more information about the HOME Program, contact Kathy Boyles at (903) 276-4995.