Media Advisory | Tuesday at 1 p.m.: Mayor Justin Elicker to Launch I'M HOME Initiative: Affordable Housing Programs Aimed at Providing Rental Assistance, Promoting Home Ownership, and Strengthening Neighborhoods

[Len Speiller]

 

*** MEDIA ADVISORY ***

Monday, October 3, 2022

 

MAYOR JUSTIN ELICKER TO LAUNCH I’M HOME INITIATIVE: AFFORDABLE HOUSING PROGRAMS AIMED AT PROVIDING RENTAL ASSISTANCE, PROMOTING HOME OWNERSHIP, AND STRENGTHENING NEIGHBORHOODS

 

The two-pronged program sets aside $3 million in ARPA funds for one‐time rental security deposit assistance and $1 million in ARPA funds to expand the city’s Down Payment and Closing Cost Assistance Program for income eligible individuals and families.

 

NEW HAVEN, CT – On Tuesday, October 4 at 1 p.m. at City Hall, Mayor Justin Elicker and New Haven Livable City Initiative Executive Director Arlevia Samuel will announce the I’M HOME initiative, a two-pronged affordable housing program designed to provide financial assistance to both renters and homeowners in an effort to promote long-term housing stability and local neighborhood investment.

 

Built on the notion that everyone deserves affordable, safe, high-quality housing, the I’M HOME initiative includes:

 

• The Security Deposit Program, which provides one‐time rental security deposit assistance (for up to two months and $5,000) as well as utility deposit and set up costs to income eligible individuals and families in need of permanent housing with an eye toward preventing homelessness and stabilizing neighborhoods. The City has designated $3 million in American Rescue Plan Act (ARPA) funding for this program, which will support an estimated 600 New Haven households.

 

• The Down Payment and Closing Cost Assistance Program, which provides new and existing homeowners access to grant funds to acquire and/or repair their homes. The City has designated $1 million in ARPA funding to expand this existing city program, and the added funds will support an estimated 40 New Haven households. More on the eligibility requirements and potential grant amounts will be shared at the press conference.

 

Residents who want to learn more about I’M HOME program or apply can go to: www.newhavenct.gov/LCI.

 

Tatiana Sellers, the first New Haven resident to receive security deposit assistance through the I’M HOME program, will join Mayor Elicker and Director Samuel for the announcement and make brief remarks.

 

DETAILS:

 

WHAT: Press conference launching the I’M HOME affordable housing initiative. 

 

WHEN: Tuesday, October 4, 2022 at 1 p.m.

 

WHERE: New Haven City Hall, 165 Church Street, New Haven, CT 06510 -- 2^nd floor atrium

 

WHO:

• Mayor Justin Elicker;
• Arlevia Samuel, Executive Director, New Haven Livable City Initiative;
• Tatiana Sellers, New Haven resident and first recipient of rental security deposit assistance through the I’M HOME program;
• Among others.

 

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Press Contact:

Lenny H. Speiller (he/him)

Director of Communications

Mayor Justin Elicker | City of New Haven

165 Church Street | New Haven, CT 06511

Phone: 203-725-4249

Email: Lspe...@newhavenct.gov