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Moore approves $60,000 home‑repair program for low‑income homeowners

Moore City Council · December 16, 2024
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Summary

Council approved a $60,000 Home Repair Program to help owner‑occupied households at or below 80% AMI with forgivable loans (forgivable after four years), with a $5,000 maximum and up to $10,000 for health/safety work; staff estimated roughly 12 households could benefit.

The Moore City Council approved the annual Home Repair Program at its Dec. 16 meeting, allocating $60,000 to assist owner‑occupied households whose incomes do not exceed 80% of area median income (AMI).

Staff explained eligibility rules: applicants must be owner‑occupants within city limits and have lived in the home at least one year. The program provides forgivable loans that become forgiven after four years; the standard maximum award is $5,000, though staff said projects that address safety, health or sanitation hazards may be approved up to $10,000. With the $60,000 budget, staff estimated roughly 12 households could receive assistance.

Councilmembers asked whether licensed contractors would be required and whether inspections would remain standard; staff confirmed licensing and inspections would follow regular city processes, and noted application information will be posted to the city website and included in the newsletter. The motion to approve the program carried by roll-call vote.