IOREBTA Program funds annually support appraisal gap financing for first-time homebuyers, development of affordable housing projects, counseling for low- and moderate-income homebuyers, and second mortgage down payment assistance when the Down Payment Assistance Program (DAP) Loan was suspended. The IOREBTA Program has also funded the purchase of mortgages from Connecticut chapters of Habitat for Humanity and other housing subsidies. This year's grant awards include help for intellectual and developmental disability (IDD) and Veterans' housing, low-income and affordable housing, and homelessness assistance and prevention programs.
- Stamford - The Pacific House grant of $20,000 will aid in acquiring home furnishings for individuals and families who are moving from homelessness into housing. As Pacific House brings new buildings online, they are presented with the next hurdle to outfit apartments with the basic necessities to occupy these units. Typically, this includes beds, dressers, chairs, tables, and other home furnishings.
- Greenwich - The Mews grant of $5,000 will aid in one of several projects that are currently being explored, including a new van, a new entranceway on Arch Street, continual renovations of apartments, or sunroom restoration.
Thank you to the Housing Advisory Panel, including Rep. Luxenberg, Co-Chair of the Housing Committee and Panel, for approving these grants and recognizing that Pacific House and The Mews are dedicated to helping our communities.
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