PPL Foreclosure Prevention Repair Grants will assist low income home-owners who are faced with a choice between paying their mortgage payment or fixing their home. Eligible repairs include health and safety repairs that will empower homeowners to continue living in their homes. Home owners will also receive financial counseling at PPL to ensure that their finances are stable and that with the repair of their house they will not be at great risk of foreclosure moving forward.
The program will award 25 or more grants of up to $7,500, for one major and distinct repair to a house. Eligible Home owner must be paying 40% or more of their monthly income to their mortgage and utilities and live in an NSP qualified area. Home Owners must also be under 80% of the AMI and the repair need must be greater than 100% of the monthly income.
PPL will begin accepting applications on January 22nd. Paper applications must be submitted by mail or in person. Attached you will find the program flyer, detailed program description and grant application. Also look for more information at the website www.ppl-inc.org/repairgrants. Contact me at 612-455-5195 with questions regarding procedures or homeowner eligibility.
Special Projects Coordinator
Project for Pride in Living
1035 East Franklin Avenue South, Minneapolis, MN 55404
PPL: Helping people help themselves