Not only has Brookfield been successful in , but the outpouring of interest in the early stages of the program have led to a waiting list and prompted the fund managers, Lisa Low Associates, to request a second grant.
The town will be holding a public hearing on applying for the second grant — issued through the U.S. Department of Housing and Urban Development (HUD) and the Connecticut Department of Economic and Community Development (DECD) — on Feb. 4 at 7 p.m., before the February Board of Selectmen (BOS) meeting in the Brookfield High School (BHS) media center.
Loans through the program are available to residents with low to moderate incomes, or those making less than 80 percent of the local median income. In Brookfield, the median income for 2012 is $110,400, meaning a family of four would require an income of less than $70,950 to qualify; a single person would need to be making less than $49,700.
Applicants must also be up to date on their taxes and the property must be clear of liens.
Brookfield is also looking for contractors to act as “service providers” through the program. According to a legal notice posted on the town’s website, contractors applying must be properly licensed and insured, “including workmen’s compensation.”
Both contractors and residents who want to learn more about the program are encouraged to contact Lisa Low Associates at 203-888-5624.