Parkersburg provides assistance to rental property owners

PARKERSBURG, Va. (WTAP) – Almost a third of the housing in the city of Parkersburg is rental property.

And the city now has a program for rental housing owners to repair their buildings.

The Rental Rehab program can allow them to renovate properties up to $ 10,000 in rehabilitation costs.

It is aimed at homeowners who make “modest” to “substantial” improvements – more than just a coat of paint – to bring buildings up to standard, make them safer, or improve energy efficiency.

Applicants should not have a history of code violations and be up to date with paying their city fees.

“City council recently allocated $ 380,000 for this program,” says city development director Ryan Barber. “This is funding for HOME, which comes from the federal government, the Department of Housing and Urban Development. Again, the city can provide up to 50% of the total rehabilitation costs. These are multi-family residential structures of two to 11 units.

The city offers the program in partnership with the Wood County HOME consortium, so owners of real estate in Vienna, Williamstown and throughout Wood County are also eligible.

It is available from the City of Parkersburg Development Office.

Copyright 2021 WTAP. All rights reserved.

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