Rochester City Council divvies out grant money - KTTC Rochester, Austin, Mason City News, Weather and Sports

Rochester City Council divvies out grant money

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ROCHESTER, Minn. (KTTC) -- The Rochester City Council is deciding how to distribute out leftover grant money.

The city had $550,000 from the Community Development Block Grant Appropriation to give to various groups, but after their normal process, there was money remaining.

At Monday's meeting, they talked not only about where that money should go, but also better ways to appropriate the money so there's nothing left on the table.

A large chunk of the money, more than $278,000 for 2014, goes toward a program called Single Family Home Rehabilitation.

The program lets people in certain neighborhoods with a low to moderate income borrow up to nearly $25,000 to make home repairs.

"It kind of just reinvigorates those homes to make sure those neighborhoods have that neighborhood integrity that they deserve, so you don't have a home or two that's fallen into disrepair," said City Council Representative Ed Hruska. "It's a good investment to keep quality neighborhoods."

The loans are repaid to the city when the home is resold.

We're told it's a popular program-- so popular that anyone applying for the loan is added to a 2-to-3 year waiting list.

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