Rental Reinvestment Program
The City of Temple is committed to improving the quality of life in Temple’s neighborhoods by increasing access to affordable housing. Through the implementation of the Rental Reinvestment Grant program, property owners who meet certain eligibility criteria are given the opportunity to make significant improvements to their rental properties to pass a Department of Housing & Urban Development (HUD) inspection. Once repairs and inspection are completed, the property will then be added to the list of properties pre-qualified to accept Housing Choice Vouchers.
Incentive grants are available on property located within a Low-to-Moderate Income (LMI) neighborhood as defined by HUD. The grants are provided as reimbursements, as a match to the funds disbursed by the Applicant. Only the Applicant’s cash disbursements may be used as a grant match, in-kind contributions may not be used as part of the Applicant’s match.The funding cycle is from October 1st to September 30th.
Click here for more information or to apply!