[Ord. No. 286 §1, 10-13-1997]
The purpose of the rehabilitation program is to correct code violations, overcrowded or unsanitary conditions to improve the housing and living environment for persons of low to moderate income levels living in the City of Kahoka, Clark County, Missouri.
[Ord. No. 286 §2, 10-13-1997]
The program is devised to conserve the City's present housing stock.
Low to moderate income families, as hereinafter defined in Section 510.040, will receive rehabilitation work.
A quarterly review of the program shall be conducted to determine if changes or refinements are needed.
City codes will be followed in all work performed and in the installation of all materials.
All work will be done by qualified and licensed contractors.
Grants are limited to one (1) per property.
The program will encompass the target area as outlined in the community development application, as noted herein in Section 510.040(E), as amended.
The Affordable Housing Advisory Board shall be responsible for making all decisions as to the method used in rehabilitating the property with the right of appeal by the owner to the Board of Aldermen.
Competitive bids shall be let on each project and the lowest responsible selected, subject to approval of the Housing Board and the City of Kahoka.
Inspections of the work shall be made to insure that it fulfills the terms of the grant and contract agreement before payment is submitted.
Board of Aldermen members, Affordable Housing Advisory Board members, City employees and City Officers shall not be eligible for grant assistance, contract or subcontract for any work or have any personal interest, direct or indirect, in any contract under this project.
[Ord. No. 286 §3, 10-13-1997]
This is a voluntary program. All interested persons must make application before any action can be taken.
Applicants who qualify will be taken on a first-come, first-served basis. An emergency situation may receive priority. All decisions pertaining to emergencies and program qualifications will be made by the Affordable Housing Advisory Board but may be appealed to the Board of Aldermen.
A complete house inspection will be made by the program housing inspector. A deficiency list will be prepared and submitted to the property owner. A work write-up will be prepared and, if necessary, a cost estimate. All decisions concerning repairs to be made to the structure will be made by the Affordable Housing Advisory Board with the right of appeal by the owner to the Board of Aldermen.
All items on the work write-up, as well as other pertinent information, will be discussed with the owner, Affordable Housing Advisory Board and contractor before a contract is signed.
[Ord. No. 286 §4, 10-13-1997]
Income limits for applicants:
Property will be eligible only if the owner signs an agreement to repay the full grant amount if the property rehabilitated is sold within five (5) years of contract completion or, if rental property, the rent received by the owner is increased in violation of the rent-freeze agreement executed for this property.
An applicant must not have assets in excess of three hundred thousand dollars ($300,000.00), excluding equity in rehabilitation property. For any assets over five thousand dollars ($5,000.00), the income from assets shall be calculated as the greater of the actual income from the asset or three percent (3%) of the total asset.
The owner must have a recorded deed of ownership. A contract for deed properly executed shall not constitute ownership but shall be considered a rental. The buyer and the seller will be required to make joint application and jointly execute the contract for rehabilitation work. The same applies to renter-applicant, both renter and owner shall be required to jointly apply and execute the contract.
All eligible owner or renter occupied housing units located within the designated target area starting at the corner of Highway 81 and Union Street, east three (3) blocks to Montgomery Street, north four (4) blocks to Elm Street, west two (2) blocks to Lincoln Street, south three (3) blocks to Court Street, west one (1) block to Highway 81 and south one (1) block to Union Street in the City limits of Kahoka, Missouri, will be addressed as follows:
[Ord. No. 286 §5, 10-13-1997]
The amount of any approved grant will be the total cost of the rehabilitation not to exceed the sum of fifteen thousand dollars ($15,000.00).