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The Trust discussed continuing a $20,000 annual maximum for FY27 home-repair grants to owners of deed-restricted affordable homes, with eligibility remaining at 120% of Area Median Income and two review deadlines each year.
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The proposed FY27 grant structure would continue offering up to $20,000 per year for eligible home repairs, without a lifetime maximum. The Trust may prioritize applicants who have received less assistance if available funds cannot cover all requests, and it will consider home equity and financial-account balances when reviewing need. The Trust also approved a letter supporting Drabbington Lodge’s application for historic rehabilitation tax credits.
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