Register for:
Rehabilitation Pamphlet

      
[Cover] Rehabilitation: 
A Tool Which Can Help Homeowners Improve Their Property
Special Collections, D.H. Ramsey Library, UNCA

Housing Authority of the City of Asheville

This pamphlet explains the process and benefits of rehabilitation, how it can be funded, and how it is supported in the community.  Rehabilitation is touted as a civic responsibility and a way to “protect your investment” that “pays off in increased property values, a more stable community, and a better quality of life for you and your neighbors.”

REHABILITATION:

A TOOL WHICH CAN HELP HOMEOWNERS IMPROVE THEIR PROPERTY

 

PROPERTY REHABILITATION
A JOINT EFFORT FOR CONSERVING OLDER NEIGHBORHOOD THROUGH URBAN RENEWAL

THE REDEVELOPMENT COMMISSION OF THE CITY OF ASHEVILLE

WHAT IS REHABILITATION?

Rehabilitation or "Rehab" is a term applied to the repair and improvement of property in an Urban Renewal area marked for CONSERVATION rather than clearance.

The goal of rehabilitation is to conserve good neighborhoods and restore sound older buildings to good livable condition. To achieve this, property must be brought up to standards for the project area established by the Urban Renewal plan.

Primary attention is given to safety and sanitary factors such as wiring, plumbing, heating and structural soundness along with general appearance.

The following questions are frequently asked by property owners and occupants.

IS REHAB PRACTICAL FOR ME?

The rehabilitation of your property may or may not be both possible and practical. The Rehab Advisor assigned to the Urban Renewal project office will make a recommendation after an inspection of your home or business property.

THE INSPECTION REPORT

You will be given an inspection report which lists repairs necessary to bring the property up to required standards. If rehabilitation is considered practical, you will be given some idea of what required improvements will cost. You will also be told what financial assistance is available from both private lending sources and direct federal loans and grants.

WHAT HELP CAN I EXPECT?

If you decide to follow the repair program required to rehabilitate your house or business property, the Rehab Advisor will help you in the following ways:

(1) Help you make financial arrangements. If you are eligible for a federal grant or low-cost loan, the Rehab Advisor will help you apply for it. He will also advise you on loans from private sources.

(2) Provide structural advice through the project office.

(3) Assist in selecting a reputable contractor.—putting out bids, receiving bids, comparing costs, and clarifying terms of the contract.

(4) Provide inspection service while the work is being performed. This will assure you that the work is being done according to contract.

Upon satisfactory completion of the work, the Rehab Advisor will approve payment of any federal grant or loan check directly to the contractor.

DO I QUALIFY FOR A REHAB GRANT OR LOAN?

You can likely qualify for one of the two new financing tools available to residents in an approved Urban Renewal area.

THE REHAB GRANT, authorized by Section 115 of the 1965 Housing Act, provides for a direct grant (gift) to a low-income owner—occupant of a one to four-unit dwelling.

THE REHAB LOAN, authorized by Section 312 of the 1964 and 1965 Housing Acts, is a new type loan. It is a long term, low interest direct loan available for both residential and non-residential uses.

Landlords and tenants of commercial or industrial property may be eligible as well as owner-occupants.

In every case of property rehabilitation, all of the work required to bring the building up to standard must be completed. This means that you must arrange financing for the entire improvement program, including any portion not covered by a federal loan or grant.

For more details on these loan and grant programs, ask your Rehab Advisor for a fact sheet.

REHAB IS A TEAM EFFORT, ISN'T IT?

Yes it is. You, your contractor and private lender, if any, join the local and federal governments and the Redevelopment Commission of The City of Asheville in a property improvement program which benefits everybody.

You, as homeowner or long-lease tenant, are able to remain at your location and enjoy the benefits of a safer, more livable, and more attractive building.

As you and your neighbors in the Urban Renewal conservation area upgrade your property, you are preventing future blight and helping to put a bright new face on your community.

This team effort pays off in increased property values, a more stable community, and a better quality of life for you and your neighbors.

WHERE CAN I LEARN MORE ABOUT REHABILITATING MY PROPERTY?

Call the Rehabilitation Advisor in the project office. He will help to place the property rehab TOOL in your hands.

[image]

HAVE YOU SEEN THIS SIGN ON YOUR NEIGHBOR'S LAWN?

He is improving his property and the neighborhood. What are you doing to protect your investment?

The Redevelopment Commission of
The City of Asheville
Post Office Box 7148
Asheville, N. C. 28807