Media Archive

Home Depot funds grant to replace housing

Article from The Piscataquis Observer, Vol. 165, No. 45, November 05, 2003

BANGOR The Home Depot Foundation has awarded Penquis Community Action Program a grant of $10,000 to support its Replacement Housing Program.

This program helps low-income families replace pre-1976 mobile homes and deteriorating stick-built homes with new, low maintenance, energy efficient, site-built housing.

Replacement housing is made affordable by a combination of cost-effective building, low-interest mortgage monies and grant subsidies. The Home Depot Foundation grant will be used to bridge the gap between what the owner can borrow and the cost of the project.

Grant monies will help to replace pre-1976 mobile homes that cannot be repaired or are not cost-effective to repair. "Older mobile homes were not designed for northern climates, nor were they constructed with long-term durability in mind," says Stephen Mooers, director of Housing Services for Penquis CAP. "Many are firetraps. They are well past their useful life expectancy and have depreciated to the point that many have essentially no market value." The new homes will provide families with safe and affordable housing and the opportunity to build assets.

Individuals interested in the Replacement Housing Program should contact Carlton Pinney at Penquis CAP at 973-3547.

NOTE - This article reflects the views of the author and not necessarily those of the TRC Alliance Team.