Dallas Considering Home Improvement Rebate Program

Dallas Considering Home Improvement Rebate Program


TALK ABOUT THE REMAINDER OF THE SEVEN DAY FORECAST IN JUST A BIT, KALEY. LOOKING FORWARD TO IT, THANK YOU. TODAY A DALLAS COMMITTEE LOOKED AT A PLAN TO GIVE HOMEOWNERS CASH FOR PROPERTY REPAIRS, MIGHT BE WONDERING WHAT THE CATCH IS, JACK FINK IS LIVE IN NORTH DALLAS TO EXPLAIN. Reporter: KALEY, UNTHIS PROPOSAL THE CITY WOULD BASICALLY WRITE YOU A CHECK TO HELP YOU PAY TO FIX UP YOUR HOUSE BUT IT’S ONLY GO TO GO APPLY TO 15 AREAS ACROSS DALLAS DESIGNATED EITHER NEIGHBORHOOD UP OR PLUS. THE PARK CENTRAL NEIGHBORHOOD IN NORTH DALLAS. WE’RE CONSTANTLY DOING SOMETHING AROUND THE HOUSE. Reporter: WALTER AND HIS WIFE ARE WAITING FOR THE RAIN TO STOP SO THEY CAN HAVE THEIR NEW DRIVEWAY FINISHED. THEY PUT IN NEW SIDING AND WINDOWS AND ALL $20,000 WORTH OF IMPROVEMENTS TO A HOUSE THEY’VE CALLED HOME FOR 22 YEARS. GOING TO KEEP OUR PROPERTY UP. AND THAT’S VERY IMPORTANT TO US. I DON’T WANT THE NEIGHBORHOOD TO GO DOWN. Reporter: NOW A NEW PLAN BY THE CITY OF DALLAS WILL GIVE HOMEOWNER AS CASH INCENTIVE TO FIX UP THEIR HOMES. TO QUALIFY THE PROPERTY CAN’T BE ASSESSED AT MORE THAN $200,000. HOMEOWNERS MUST INVEST AT LEAST 10% OF THEIR PROPERTY’S VALUE AND THE CITY REBATE IS CAPPED AT $5000. NEIGHBORING CITIES LIKE PLANO AND RICHARDSON HAVE SIMILAR PROGRAMS. I THINK ONE OF THE THINGS DALLAS NEEDS TO THINK ABOUT IS BEING COMPETITIVE WITH THIS PROGRAM. BECAUSE WHEN PEOPLE ARE BUYING HOMES THEY DO HAVE CHOICES. WARDEN SAYS IT’S A GREAT IDEA, DALLAS LEADERS NEED TO APPROVE. GET WITH IT. BECAUSE IT’S — THAT’S SOMETHING THAT CERTAINLY COULD HELP THE NEIGHBORHOOD. AND CITY COUNCIL’S HOUSING COMMITTEE APPROVED THE IDEA TODAY. NOW THE ENTIRE CITY COUNCIL WILL BE CONSIDER WILLING THIS

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