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Payments to Contractors <br />The City will not pay homeowners directly. Instead, the City will pay the contractors directly for their <br />services. All contractors must be properly licensed and pull the applicable building/electrical permits. <br />The City will pay a down payment (up to 50% project cost) and then a final payment. Final payment will <br />only be made after work is complete and passes all required inspections. Should a homeowner be <br />including their own funds in the project, their funds must be first applied to the down payment. The <br />contractor and homeowner will sign a form acknowledging this arrangement and that no money will be <br />used for kickbacks, bonuses, or anything unrelated to the actual work being performed. <br />After -the -fact or reimbursement applications and payments are not allowed. <br />Application Timing <br />The listed exterior improvements are generally scheduled months in advance. Funding these <br />improvements will be based on submitting an application and a contractor's bid during an application <br />window during the month of February. The applicant's tax returns must be filed for the previous year to <br />provide the most recent income verification. <br />The listed interior improvements are generally needed with little or no warning. The City will take in <br />applications and the contractor's bid with the most recent tax returns on a rolling basis. <br />Should available exterior improvement money exceed the amounts requested during the February <br />application window, a supplemental application period will be available on a rolling first-come/first-serve <br />basis. This excess available money can be used for interior improvements. <br />Re -Applicants <br />Nothing will preclude a homeowner who received LAHA funds from applying for additional exterior <br />projects in in future application cycles. In order to improve as many homes as possible, priority will be <br />given, however, to homes that that have not received any LAHA awards. <br />Administration <br />The program will be administered by Community Development staff with the payments coordinated by <br />Finance staff. <br />Community Development Staff will review all of the applications for exterior improvements in early March <br />after the February application window closes. Staff will prioritize those applications by preferred <br />applicants noted above. Staff will select as many applicants, in order of application submittal, as possible. <br />Should demand exceed money available, Staff will request a reallocation to the Council. <br />Community Development Staff will review each interior improvement application generally within two <br />business days and process requests quickly as these types of improvements are generally more pressing <br />in need. <br />