(Atlantic) Three grants were awarded for the demolition of dilapidated properties in Irwin, Logan, and Malvern at the February quarterly meeting of the Southwest Iowa Housing Trust Fund (SWIHTF).
The grants, each of which is for a maximum of $15,000 per property, may be used for up to 50% of the actual asbestos removal and demolition cost for one dilapidated residential property in each community
The communities applied in January during the annual grant cycle. In order to be eligible, the communities must have clear title to the property and demonstrated a plan for the removal of property. The applications are then scored, primarily based upon readiness and the positive impact that removal of the property would have on the neighborhood and community.
The Southwest Iowa Housing Trust Fund was formed in 2005 and serves the counties of Harrison, Shelby, Cass, Montgomery, Fremont and Page. It is administered by Southwest Iowa Planning Council (SWIPCO) and provides down payment assistance, housing rehabilitation, and dilapidated property demolition services to its member communities. Over the past 10 years, over 1,250 homes have been renovated through the work of SWIPCO and the Trust Fund.
