About C L M Rental Assistance
Last-Modified: 2021-09-01 22:55:32
Home Buyer Education: Home buyers are counseled through the home buying process to support programs that increase home ownership opportunities for low to moderate income families. Home Buyer Purchase Rehabilitation: This program is designed to provide low- and moderate- income families with support to become homeowners. The program will pay up to $5000 per family in closing costs, down payment, and/or interest buy downs and limited funds for required repairs established by an HQS inspection. Available only in Sault Ste. Marie specified neighborhoods. Neighborhood Preservation: This program will strengthen a specific neighborhood by providing low- and moderate- income homeowners with zero interest loans secured by non-diminishing mortgage loans. The homeowner is expected to provide 25% matching funds. Property Management / Rentals CLMCAA owns and operates rental properties located in the tri-county area: Avery Square Senior Housing, St. Ignace Senior Housing, and West Bridge Supportive Housing. CDBG Home Rehabilitation Program: Works in cooperation with Chippewa, Luce, an Mackinac Counties to provide necessary home improvements. Zero interest loans secured by no-diminishing liens are provided to homeowners. Homeowners are encouraged to provide some leverage funds to complete the rehabilitation activities. These sources can be from the following organizations: Financial Institutions, Sault Tribe, DHS, Vetrans Organizations, Rural Development, and CAA. Home Weatherization Program: Designed to help area residents by providing insulation, weather stripping, and other energy-saving measures. This program is available for owner occupied homes, mobile homes, and qualified rentals.