David Bugher (253) 983-7739 • Fax (253) 512-2268 • DBugher@cityoflakewood.us
Assistant City Manager for Development/Community Development Director

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Jeff Gumm, Program Manager

(253) 983-7773

 

Community Development Block Grant (CDBG)

Community Development Block Grant and Home Program - FY 2016

PLEASE NOTE: Applications for funding of CDBG and HOME projects will not be available to external applicants until further notice.

Community Development Block Grant (CDBG) & HOME Investment Partnership Act

The City of Lakewood receives an annual Community Development Block Grant (CDBG) allocation from the U.S. Department of Housing and Urban Development. Lakewood also receives HOME Investment Partnership Act (HOME) funds through the Tacoma-Lakewood HOME Consortium. These funds must be used for projects which benefit primarily lower income households or individuals by aiding in the prevention of slums and blight, creating or expanding housing opportunities, providing public services, creating or expanding economic opportunities, or by meeting an urgent local community need.

The Community Development Block Grant Citizens Advisory Board oversees the CDGB program and provides recommendations to the City Council on the use and appropriation of CDBG funds. HOME funded projects and activities are recommended to the board of the Tacoma Community Redevelopment Authority which administers and approves funding for both Tacoma and Lakewood HOME funded projects. Applications for funding for these programs are made available on an annual basis, typically from November to December.

The use of these funds will require long-term affordability, income restrictions and continued monitoring of the project by City staff. Income and rent guidelines are listed below, funding priorities can be located in Related Documents (see below).

Community Development Block Grant (CDBG) Funding

These federal funds are available to individual developers, nonprofit agencies or community-based development organizations (CBDOs) providing services benefitting lower-income Lakewood residents. Activities eligible for funding include Economic Development projects or activities that create or retain jobs or expand products and services available to lower-income people; Affordable Housing Development through acquisition, rehabilitation or construction; acquisition, construction, reconstruction, rehabilitation, or installation of public facilities; physical infrastructure improvements; and public services (limited to 15 percent of the City's total grant).

HOME Investment Partnership Act (HOME) Funding

HOME funds are available to individual developers, nonprofit or for-profit entities and CHDOs providing an increased in the supply or access to decent, affordable housing to lower-income Lakewood residents. These funds may be used in the development of affordable rental, transitional, emergency or homeownership housing units. Activities eligible for funding include acquisition, conversion, reconstruction, rehabilitation or construction of affordable housing, including site improvements; acquisition of vacant land to be used to construct affordable housing; and demolition of existing structures if construction of affordable housing is to follow.

Housing Programs for Owner-Occupied, Single Family Residences

Housing programs include Down Payment Assistance , Major Home Repair , and Housing Rehabilitation repairs for low-income, owner-occupied, single-family residences. These programs allow you to maintain your home by making necessary repairs, rehabilitating your home, making energy efficiency and weatherization upgrades, completing handicapped accessibility improvements, and replacing major systems (electrical, plumbing, roofing, windows & doors, etc.). Funding is also available to help first-time eligible homebuyers purchase a home in Lakewood.

CDBG  Program Income Limits
Family Size Median Income 30% of Median
Income Limit
50% of Median
Income Limit
80% of Median
Income Limit
CDBG Effective: April 14, 2017                               
1 $52,150 $15,650 $26,100 $41,750
2 59,600 17,900 29,800 47,700
3 67,050 20,420 33,550 53,650
4 74,500 24,600 37,250 59,600
5 80,460 28,780 40,250 64,400
6 86,420 32,960 43,250 69,150
7 92,380 37,140 46,200 73,950
8 98,340 41,320 49,200 78,700
 

                                                   

                                          HOME Program Income Limits
Family Size Median Income 30% of Median Income Limit 50% of Median Income Limit 80% of Median Income Limit
1 $52,150 $15,650 $26,100 $41,750
2  59,600  17,900 29,800   47,700
3  67,050  20,150 33,550   53,650
4  74,500  22,350 37,250   59,600
5  80,460  24,150 40,250   64,400
6  86,420  25,950 43,250   69,150
7  92,380  27,750 46,200   73,950
8  98,340  29,550 49,200   78,700
 HOME Effective: June 15, 2017

 

 

HOME Rent Limits
  Studio 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom 5-Bedroom 6-Bedroom
Effective June 15, 2017
Fair Market $766 $885 $1,142 $1,662 $2,012 $2,261 $2,616
Low Home Rent $652 $698 $838 $968 $1,081 $1,157 $1,303
High Home Rent $766 $885 $1,142 $1,312 $1,346 $1,444 $1,705

HUD has issued new HOME Homeownership Value Limits for 2016. Effective March 1, 2017, the maximum home value for any home assisted with HOME funds is $233,000.00 for existing housing and $241,000.00 for new construction effective March 1, 2017.

 

Related Documents

Five Year Consolidated Plan 2015-2019

Analysis of Impediments 2015 Update

2016 CAPER - Final

FY 2016 Annual Action Plan

FY 2017 Annual Action Plan  - Final

FY 2017 Amendment to FY 2013 and FY 2014 Annual Action Plans

FY 2017 Amendment to FY 2015 Annual Action Plan