Скачать или смотреть THE NEWARK FAÇADE GRANT PROGRAM!

Today’s TNT’s News You Can Use is about The Newark Facade Grant Program! 🗞$40,000💰

The goal of this program is to create a Sense of Pride of Ownership, Preserve/Increase the value of residential properties, and Beautify Neighborhoods. It provides up to $40,000 no-interest forgivable loans for owner-occupied homes.

The loans may be used for repairs or improvements to the property’s exterior which are intended to beautify the community and may also satisfy code violations or threats to the health, safety and welfare of the occupants or the surrounding community.

Over a 10-year period, 20 percent of the loan is forgiven for each full year in which the recipient has lived in the home.

The Newark Facade Grant Program requires that the homeowner lives in the property for at least 10 years after receiving the grant. Subsequently, for each year that the homeowner lives in the property, after receiving the grant, a portion of the Facade grant is forgivable, until the 10 year deed restriction period has ended.

CONTACT INFORMATION:

City Hall
920 Broad Street
Newark, NJ 07102

(973) 733-4311

(973) 928-1238

[email protected]

TNT Real Estate Group
@followers