The City of Visalia is proud to share with you an opportunity to purchase our home through the U.S. Department of Housing and Urban Development’s (HUD) “Foreclosure Acquisition Program”. In September 2008, the City of Visalia was awarded a $2.3 million Community Development Block Grant (CDBG) to acquire, rehabilitate and resell foreclosed homes. This program enables the City to revitalize neighborhoods, rehabilitate foreclosed homes, employ local contractors, and resell the homes to pre-qualified buyers with fixed rate mortgages.
The homes have been purchased in targeted neighborhoods through local realtor representatives. Please take a look at the list of available homes (or soon to become available) and feel free to contact the listed realtors if you are interested in scheduling a tour of the homes.
Please note that in order to qualify to purchase one of the City’s homes, applicants must attend eight (8) hours of home counseling (free to applicant) through Self Help Enterprises; provide proof of income to meet requirements (2008 tax return); complete a City of Visalia Home Purchase Application, and accept a 15-year Affordability Covenant on the home purchased.
We welcome your questions on this program so please call Rhonda Haynes, Housing Specialist, at 713-4460 or email at rhaynes@ci.visalia.ca.us with any questions. We look forward to assisting you in the purchase of one of our homes.
Sincerely,
Ricardo Noguera
Housing & Economic Development Director
City of Visalia Charter
ATTENTION CONTRACTORS!
Currently, the City of Visalia is soliciting Contractors who meet Section 3 requirements to assist with the rehabilitation of foreclosed properties through the Neighborhood Stabilization Program (NSP). If you are a Contractor and are interested in becoming certified, please complete and return the Section 3 Application to Rhonda Haynes, Housing Specialist at 559-713-4811.
Additionally, the following affordable activities/projects throughout targeted neighborhoods within the City of Visalia are also available. These projects/activities are funded through federal grants received from the U.S. Department of Housing and Urban Development (HUD): HOME and CDBG as well as through the Redevelopment Agency’s Low/Moderate income tax increment funds.
RECENT AND NEW DEVELOPMENTS
Infill Single Family Home: developed by Habitat for Humanity, who is working with homebuyers to build homes on infill lots in Visalia, contact Betsy Murphy, Executive Director hfhtc@sbcglobal.net
Mill Creek Parkway Apartments: multi-family affordable housing development, 73 units with conference center, swimming pool, and full size basketball court, contact Kent Kugler, Tulare County Housing Authority Executive Director hatckkugler@aol.com.
Paradise & Court: VIAH & Kaweah Management acquire, renovate and develop 20 units, 11 units to be rehabilitated (after rehabilitation) and 9 new units to be constructed (after construction) contact Kent Kugler hatckkugler@aol.com..
Kaweah Avenue Multi-family REO Rehabilitation Project: Kaweah Management Company has purchased 2 dilapidated triplexes which were in foreclosure. With a $480,000 Redevelopment loan, the units will be renovated; a play area added and rented to low income tenants.
Kaweah Triplex for Mentally Challenged Adults: Kaweah Management Company secured a $340,000 redevelopment loan and has rehabilitated a triplex across from the Tulare county Library on Encina. The Development provides housing for severely mentally challenged adults.
COMING SOON
Sierra Meadows - A housing facility for low income seniors who can maintain independent living status (with or without assistance). The project broke ground in November 2009 and is tentatively scheduled for completion spring of 2011. An interest list will open in the spring of 2010. For additional information call Christian Church Homes at 510-632-6712.
