The Community Development Department administers the City of Reading’s HOME program grant, one of the three annual entitlement grants provided by HUD. The grant is for the “provision of decent, safe, affordable housing” for families of low-to-moderate incomes, which is defined as at or below 80% of area median income. The 2016 income limits are shown in the table below:

 

FY 2016 HOME Income Limits      
Reading, PA MSA       
AMI=$71,000       
 1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
80%  Limit$39,700$45,400$51,050$56,700$61,250$65,800$70,350$74,850

Eligible HOME program activities include the construction or acquisition and rehabilitation of owner-occupied or rental housing.  A summary of recent grant amounts and awards to program partners is show below.  Some annual funding exceeds grant amounts due to the re-use of program income:

 

HOME Funding Allocations  2008 - 2016    
Program Year Grant Amount Admin AmountOur City Reading  Neighborhood Housing Services  Habitat for Humanity Delaware Valley DevSkyline View Apts
2008 962,215.00103,842.96705,000.00144,332.250.000.000.00
20091,071,352.00107,135.20545,000.00160,702.8090,000.000.000.00
2010967,214.00106,811.40685,000.00160,217.100.000.000.00
2011943,508.0094,350.80801,085.00160,217.10278,000.000.000.00
2012698,011.0069,801.10428,209.90105,000.0095,000.000.000.00
2013752,667.0075,266.70319,833.53205,000.00135,000.000.000.00
2014797,601.0079,760.10279,983.75190,000.00200,000.000.000.00
2015756,936.0075,693.60212,702.40263,540.0040,000.00125,000.0040,000.00
2016761.698.0076,169.800.00370,000.000.000.000.00
Total$7,711,202.00$788,831.66$3,976,814.58$1,759,009.25 $838,000.00$125,000.00$40,000.00


Neighborhood Housing Services (NHS) is a community-based housing organization (CHDO).  HOME regulations require that 15% of the City’s allocation be used to support a CHDO.   In addition to acquiring and rehabilitating single-family homes, NHS operates a full range of assistance, education and repair programs for homeowners or potential home buyers.  Visit their web site or contact NHS at 610-372-8433.

 

Habitat for Humanity has been involved in both new construction and rehabilitation of existing properties in the City of Reading. Their current project involves the acquisition and renovation of properties in the City that were certified as blighted by the Blighted Property Review Committee. Habitat can be reached at 610-373-3439.


 

Delaware Valley Development Corporation is the developer in charge of the new construction “Homes at Riverside” Located in the North Riverside neighborhood on Weiser Street, this beautiful, new community will include a total of 46 two and three bedroom townhomes in a 3-story interlocking townhome design featuring brick and siding exteriors. 

 

 

Housing Development Corporation will be renovating and modernizing all units of “Skyline View Apartments” located at 50 N 9th Street

Program Information:
2015 Program Guidelines
2016 Program Process Outline
2017 Program Information