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Dayton council hears plan for Issue 6-funded home-repair loan program to target middle‑income homeowners
Summary
City staff presented a $2.6 million Issue 6-funded revolving forgivable loan program that will prioritize owner-occupied households at 80–120% AMI with 2:1 matching and aims to pilot in targeted neighborhoods before expanding citywide in 2027.
City staff told the Dayton City Commission on Dec. 2 that a new revolving, forgivable loan program funded by the Issue 6 levy will provide 0% interest loans to help middle-income homeowners pay for structural, exterior repairs.
Emily Crow, deputy director of Planning, Neighborhood and Development, described the program as a $2.6 million pilot running through 2028 (about $650,000 per year). The program will prioritize owner‑occupied households earning 80–120% of area median income (AMI) for a 2:1 match; a second priority tier above 120% AMI would receive a 1:1 match. Loans are structured with a five‑year forgivable term, with forgiveness accruing at about 20% per year, Crow said.
Crow said eligible work will focus on exterior and structural improvements such as doors, foundations, windows and roofs. County Corp will…
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