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 2018 HOME Income Limits            
Reading, PA MSA              
AMI=$71,300              
  1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
80%  Limit $40,250 $46,000 $51,750 $57,500 $62,100 $66,700 $71,300 $75,900

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 - 2018                
Program Year  Grant Amount  Admin Amount Our City Reading   Neighborhood Housing Services   Habitat for Humanity  Delaware Valley Dev Skyline View Apts Berks Coalition to End Homelessness City-wide Tenant-Based Rental Assistance City-wide Acquisition/Rehab and Resale City Housing Improvement Program (CHIP)
2008  962,215 103,842 705,000 144,332.25 0.00 0.00 0.00 0 0 0 0
2009 1,071,352 107,135 545,000 160,702 90,000 0 0 0 0 0 0
2010 967,214 106,811 685,000 160,217 0 0 0 0 0 0 0
2011 943,508 94,350 801,085 160,217 278,000 0 0 0 0 0 0
2012 698,011 69,801 428,209 105,000 95,000 0 0 0 0 0 0
2013 752,667 75,266 319,833 205,000 135,000 0 0 0 0 0 0
2014 797,601 79,760 279,983 190,000 200,000 0 0 0 0 0 0
2015 756,936 75,693 212,702 263,540 40,000 125,000 40,000 0 0 0 0
2016 761.698 76,169 0 370,000 0 0 0 0 0 0 0
2017 761,700 76,170 0 390,000 100,000 0 0 140,000 240,000 250,000 0
2018 1,027,240 102,724 0 270,000 100,000 250,000 0 0 0 0 304,516
Total $9,500,142 $967,721 $3,976,812 $2,418,998  $1,038,000 $375,000 $40,000 $140,000 $240,000 $250,000 $304,516

 

Pictures of homes

 

 

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.

 

construction photo

 

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. They will also be the developer for a beautiful new community  that will include  a total of 46 two and three bedroom townhomes in a 3-story interlocking townhome design, featuring brick and siding exteriors.

town houses

 

Woda Group (https://www.wodagroup.com/) will be the developer for the new construction "Barley Square" located on S 2nd Street. This beautiful new community includes a total of 60 rental units in one 3-story, elevator served building for independent seniors qualifying under the LIHTC Program. 

 

Program Information:
2015 Program Guidelines
2016 Program Process Outline
2019 HOME Application