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Live Oak schedules workshop to consider CDBG housing-rehab grant
Summary
City council scheduled a workshop Feb. 18 on applying for a Community Development Block Grant (CDBG) housing-rehabilitation program that would offer deferred-payment loans to low- and moderate-income homeowners; staff outlined eligibility, timelines and hearing requirements.
The City Council of the City of Live Oak voted to schedule a workshop at 4 p.m. on Feb. 18, 2025, to consider applying for a Community Development Block Grant (CDBG) housing-rehabilitation program that would provide deferred-payment loans to eligible homeowners.
The program representative said the primary eligibility criterion is income: the program must meet a national objective to benefit low- and moderate-income residents and that households up to roughly 120% of the area low-income threshold would qualify and be prioritized for assistance. The representative said projects would be put out to bid, returned to the council for award, and then deferred-payment…
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