The City of New Port Richey is providing housing assistance to owner-occupied households through the CDBG program in order to complete a HUD national objective through the revitalization of conditions in low to moderate income areas. Assistance will be provided in the form of a no interest deferred-payment loan. Assistance for mobile or manufactured housing built before 1996 will be included in the program but will be restricted to replacement of said structure with a site-built home, unless prohibited by local or state regulations or infeasible due to applicant or site conditions. The City has been awarded $687,500.00 (including temporary relocation as applicable) and is required to assist a minimum of 11 Households. The average allocation per house is up to but not exceeding $80,000. Below is general information on the application process.
Applications are available here or may be requested from the City of New Port Richey CDBG consultant, Guardian CRM, Inc by calling 1-888-428-7393. The deadline for receipt of completed applications is Thursday, 8/22/24 before 5:00pm. Applications will be accepted at the City of New Port Richey City Hall, located at 5919 Main Street, New Port Richey and time and date stamped to ensure compliance with the application acceptance period. Final application ranking shall be determined by the required guidelines set forth in the City of New Port Richey CDBG Housing Assistance Plan (HAP).
All projects must benefit very low (VLI), low (LI), and low to moderate income (LMI) households. To qualify for the program, the property must be within the legal City Limits of City of New Port Richey, FL; unless approved by waiver, must maintain homeowner’s insurance for the duration of the loan; and must not exceed 80% of the Median Family Income (MFI) for the area, as determined by the 2024 Adjusted HOME Income Limits determined by the Department of Housing and Urban Development. No member of the City Council, member of the Citizens Advisory Task Force, employee of the City, or relatives of any of these as defined by HUD and Florida Statutes, shall be eligible for program participation.
| MFI:$92,000 | 30% MFI | 50% MFI | *80% MFI |
| VLI | LI | LMI | |
| 1 person | $20,100 | $33,450 | $53,500 |
| 2 persons | $22,950 | $38,200 | $61,150 |
| 3 persons | $25,820 | $43,000 | $68,800 |
| 4 persons | $31,200 | $47,750 | $76,400 |
| 5 persons | $36,850 | $51,600 | $82,550 |
| 6 persons | $41,960 | $55,400 | $88,650 |
| 7 persons | $47,340 | $59,250 | $94,750 |
| 8 persons | $52,720 | $63,050 | $100,850 |
Annual household income must not exceed this amount (80%) MFI to be eligible for the Program
For more information, contact Antonio Jenkins with Guardian CRM: 1-888-482-7393
The City of New Port Richey is a Fair Housing Community and an Equal Opportunity Employer