The Common Council approved the creation of the Residential Exterior Improvement Program at their meeting on February 19. The program will provide matching grants up to $5,000 to qualified residential property owners for improvements to their homes that qualify as an eligible project.
The purpose of the program is to encourage the upkeep and appearance of residential homes, as well as mitigate the presence of blighted properties, within the residential districts of the community.
The funds from this program are available on a first-come, first-serve basis. The first review of applications will begin on April 1 by the Community Development Authority (CDA) at their meeting in April, and Common Council will then make the final determination at their next meeting. Applications will continue to be accepted and follow this same process.
In order to qualify, the property owner must have lived in the property for at least five years, the home must be at least 25 years old and located within the designated area (refer to program information for definition), and the assessed value of the home can’t be more than 125% of the average assessed value in the City of Milton.
The program information states Council may authorize the use of up to $25,000 from Tax Incremental District (TID) funds on an annual basis for the program.
If there are any questions about the program, please contact City Administrator Al Hulick at (608) 868-6900 ext. 6.