[HISTORY: Adopted by the Mayor and Council of the Township of North
Brunswick as indicated in article histories. Amendments noted where applicable.]
[Adopted 6-5-2006 by Ord. No. 06-14]
The purpose of this article is to establish the terms and conditions
under which eligible income-restricted homeowners within the Township, as
determined by the Director of the Department of Community Development, or
his designee, may obtain grants/deferred loans from the Township to repair
and/or rehabilitate their homes.
As used in this article, the following terms shall have the meanings
indicated:
All regular gross income received by the head of household and spouse,
including that of any other household member over 18 years of age and not
a full-time student, which income shall be verified by the production of federal
income tax returns (IRS 1040s or valid equivalent substitute) for the year
prior to the date of the application.
B.
Applicants shall meet the maximum income limits as established
by the Middlesex County Housing and Community Development criteria.
C.
All applications must be approved by the Director of
the Department of Community Development or his designee before bids, quotes
or proposals for property repair or rehabilitation are accepted.
D.
Three itemized bids, quotes or proposals from approved
contractors for the work as detailed on the Department of Community Development
scope of work documents must be received for the proposed property repair
or rehabilitation before bids, quotes or proposals are reviewed and/or awarded.
E.
A contractor may be selected by an applicant but must
be approved by the Director of the Department of Community Development or
his designee.
F.
All required permits for the proposed property repair
or rehabilitation must be obtained by the selected contractor, at its sole
cost and expense, prior to commencing the work.
G.
The structure must have all serious code violations,
as determined in the discretion of the Director of the Department of Community
Development or his designee, abated when the property repair or rehabilitation
is complete.
The maximum amount of the repair or rehabilitation grant/deferred lien
available to qualified candidates shall be limited to $10,000 per year. The
grant/deferred loan for property repair or rehabilitation shall be placed
in a Township controlled trust account along with matching funds, if required,
from the homeowners prior to beginning the property repair or rehabilitation
work.
All homeowners who are provided grants/deferred loans under
this program shall sign a note and mortgage which shall require repayment
to the Township of the grant/deferred loan monies, such payment to be reduced,
proportionately, per each year subsequent to the completion and acceptance
of the property repair or rehabilitation project work that the homeowner resides
in the repaired or rehabilitated properties as follows:
