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Waterville Empowering Affordable Living Through Homeownership WEALTH Grant Program The City of Waterville has launched this program... More… Waterville Empowering Affordable Living Through Homeownership WEALTH Grant Program The City of Waterville has launched this program to tackle the issue of deteriorating residential properties, with the following goals: 1. Improve Waterville's Housing Stock: Increase the quality of housing options by rehabilitating aging and deteriorating residential properties. 2. Support Home Ownership: Encourage and assist LMI families in becoming homeowners, contributing to long-term community stability. 3. Improve Neighborhoods: Enhance the overall quality of life in Waterville by reducing blight and making neighborhoods more vibrant and welcoming. Application Materials Required: 1) Completed application 2) Current financial statement 3) Evidence of property ownership and assessed value 4) Scope of work and itemization of expenses. Less…
Waterville Empowering Affordable Living Through Homeownership WEALTH Revolving Loan Fund The City of Waterville has created a... More… Waterville Empowering Affordable Living Through Homeownership WEALTH Revolving Loan Fund The City of Waterville has created a revolving loan fund directed at rehabilitating deteriorated residential properties and creating affordable owner-occupied housing. The City’s goals are to: 1) improve Waterville’s housing stock; 2) increase homeownership, and 3) improve its neighborhoods. Application Materials Required: 1) Completed application 2) Current financial statement 3) Evidence of property ownership and assessed value 4) Scope of work and itemization of expenses. Less…