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Floyd County accepts $1.2 million CDBG award to rehab scattered‑site homes; liens, contractor oversight and student involvement outlined
Summary
County staff presented documents for a new CDBG scattered‑site housing rehabilitation award of about $1.2 million, discussed lien periods (5/10/15 years depending on work cost), program income rules and contractor/rehab specialist roles; the board approved agreements and signed off on precontract items.
Floyd County staff told the Board of Supervisors that the county was awarded approximately $1,200,000 through the Virginia Department of Housing and Community Development (DHCD) for a second phase of a scattered‑site housing rehabilitation program and asked the board to approve several precontract items and provider agreements needed to begin work. Staff explained the main changes from the previous phase: lien terms will vary by project cost. A 5‑year recapture lien was the model in the first round; DHCD rules allow longer lien periods for more expensive projects — a house with more than $50,000 in rehabilitation cost could carry a 10‑ or 15‑year lien depending on program requirements. Staff said…
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