Programs
Community Development Block Grant Program
The CDBG Program is a federal program from the U.S. Department of Housing and Urban Development (HUD) that aims to help develop urban communities achieve decent housing, a suitable living environment, and expanded economic opportunities to persons of low-and-moderate-income. CDBG funds provide support to many non-profit public service programs, public facility improvements, housing rehabilitation activities, and economic development activities.
HOME Investment Partnership Program
The HOME Investment Partnership Program (HOME Program) is a federal funding program offered by HUD. Non-Profit organizations are eligible to apply to the HOME Program for activities that create affordable housing for low-income households. A wide range of activities are eligible, including building, buying, and/or rehabilitating affordable housing for rent or home-ownership.
Open Enrollment Programs (Available for application year-round)
The Homeowner Assistance Program
HOP is available to first-time buyers purchasing an existing or newly constructed 1-4 family property in New Britain. The City of New Britain receives funding from the U. S. Department of Housing & Urban Development called HOME funds, which it can then lend to qualifying parties as a second mortgage at a fixed-rate of 3% interest and no prepayment penalty.
Neighborhood Preservation Program
The Neighborhood Preservation Program provides technical and financial assistance to property owners for residential rehabilitation such as insulation, storm windows and doors, kitchen and/or bathroom remodeling, painting (interior & exterior), siding, plumbing, electrical upgrades, and stairway/porch repair. Funds also can be used for building code upgrades like fire code, lead abatement, and roof repair/replacement.
Healthy Homes New Britain Lead Hazard Control Program
The Department of Planning and Development Program is offering forgivable loans to qualified homeowners. The Healthy Homes New Britain Program will help address the removal of lead based paint from homes constructed prior to 1978. Click on the links below for more information.
Business Assistance Loan
Prospective and active businesses, non-profits, and property owners may qualify for a low-interest loan with a loan amount of $35,000 per full-time job created. Funds can be used for: Façade renovations, code improvements, leasehold improvements, and the purchase of machinery or equipment.
Business Assistance Loan Brochure
