Community Housing Impact and Preservation Program
Grants and Partially-Forgivable Mortgages To Help Homeowners, Landlords, and First-Time Homebuyers throughout Wayne County Repair their Homes and Neighborhoods
For additional information, please download our CHIP Brochure.
Four Programs Through 2016 To Revitalize Your Home:
- Grants for low-income households for emergency home repairs (including roof, heating, and septic).
- Interest-free, partially-forgivable loans for low-to-moderate income households to rehabilitate their homes. (85% of the loan is forgiven after 5 years).
- Interest-free, partially-forgivable loans for first-time home-buyers purchasing homes in need of repair. (85% of the loan is forgiven after 10 years).
- Forgivable 10-year loan for landlords providing a minimum 25% match in rehabilitating units for low-to-moderate income residents.
Moderate-income for a family of four is $46,700 in Wayne County, or $32,700 for an individual.
In 2014, the City of Wooster and Wayne County teamed up as a Partnership to apply for and win funding for a Community Housing Impact and Preservation Program, or simply, CHIP. The State of Ohio provides a combination of Federal and State funds to the Partnership for the program.
As in past years, the Wayne Metropolitan Housing Authority is the consultant for the City of Wooster and Wayne County Partnership, and is available to help residents, homebuyers, and landlords with any questions they may have about CHIP.
For Homeowners Owning Single-Family Homes
This program helps homeowners with rehabilitating single-family homes. A single rehabilitation may entail several projects, such as plumbing upgrades, roof repairs, removal of lead-based paint, repairs to siding, electrical upgrades, and other repairs needed to make a home safe and secure. Homeowners who qualify will receive a five year deferred (no interest) loan to make the repairs. 17% of the loan is forgiven each year for five years. The remaining 15% is only due once the owner sells or stops residing in the home.
For First-Time Homebuyers
This exciting program provides a 10-year no-interest loan for future homeowners seeking to purchase and repair a home. Typically, this loan is in addition to a basic mortgage. The program provides a deferred (interest-free) loan, with 8.5% of the loan forgiven each year for 10 years. The last 15% of the loan is only payable when the owner moves out. Those interested in the program take a single home-ownership class at the Ohio State University Extension in Wooster, and receive expert inspections by certified CHIP staff.
For Low-Income Single-Family Homeowners
This grant helps low-income residents with emergency repairs needed to make their single-family homes safe. The grant covers single projects, such as repairing septic systems, leaking roofs, and heating systems. This grant is available as long as funding allows.
PRIVATE RENTAL REHABILITATION
For Landlords Renting To Low-to-Moderate Income Tenants
This program is made available to landlords who agree to rent to tenants earning less than 80% area median income. Landlords cover 25% of the project. The remaining 75% is covered by a 10-year forgivable /deferred loan, forgiven 10% yearly until fully forgiven.
The first step is to contact the CHIP Administrator to provide answer a few pre-qualifying questions. You will then be asked to schedule an appointment to review the application materials.
By providing an application, you will be agreeing to abide by the program’s rules and give permission for the CHIP program to confirm your information. You may also need to provide bank statements, mortgage payment histories, and proof of income in addition to social security cards and/or drivers licenses.
The City of Wooster and Wayne County each have a Project Review Committee that will then review and rank all applications. Home Repair projects are awarded as long as funding allows. Private Rehabilitation, Homeownership Assistance, and Rental Rehabilitation programs are awarded to the projects demonstrating the greatest need.
For Additional Information, Please Contact:
Wayne Metropolitan Housing Authority
Consultant for the City of Wooster – Wayne County CHIP Partnership
Office: 345 N. Market Street, Wooster, Ohio
You may also visit the Wayne Metropolitan Housing Authority's webite for more information.
Savings With The Community Reinvestment Area Program
Note: Residents, regardless of income, who own homes in certain older neighborhoods in Doylestown, Orrville, Rittman, or Wooster, may be eligible to receive a tax abatement for rehabilitating their homes as part of the Community Reinvestment Area Program.
For instance, a homeowner making a $20,000 investment adding on to their home may save up to $400 in taxes each year for 10 years in some communities, saving $4,000.
- For Wooster property owners, please learn about our Residential CRA Program Here. You may also reach our Development Coordinator at 330.263.5250
- For Orrville residents, please contact the City's Planning & Community Development Manager at: 330.263.5250
- For Doylestown residents, please contact the Village's Housing Officer at: 330.658.2181
- For Rittman residents, please contact the City's Community Reinvestment specialist at: 330.925.2045.
City of Wooster Development
To learn more about other programs and opportunities for residents and businesses in the City of Wooster, please return to our Development Page.