Aurora looks to revive program to reconvert homes to single-family residences
By Stephanie Lulay email@example.com September 21, 2013 3:12PM
Updated: October 24, 2013 6:13AM
AURORA — The city aims to revive a program that helps families remove apartment units from houses that were originally single-family homes.
Under the program, the city will provide forgivable loans to homeowners to remove additional apartment units created in a structure where the original use was for a single-family residence. The goal of the program is to reconvert homes to reduce density and traffic congestion in neighborhoods, said Dan Barriero, city chief of community services.
The city will give up to $30,000 of assistance under the program, depending on the number of units in the home, said Jeff McLaughlin, head of the city’s neighborhood redevelopment division.
Formerly known as the Reconversion Incentive Program, the new program will be renamed the Single Family Residential Restoration Program.
The new program will offer a lower per-unit subsidy and city staff will work closely with applicants to ensure the project is viable. Projects will be ranked on a number of criteria and funding will be awarded through a competitive process, according to a city memo.
With an existing budget of $314,000 rolled over from past years, city staff hopes to hold a first competitive round in October, with funds to be awarded to five projects, McLaughlin said. A second round is planned for February 2014. About 40 homes are on the wait list now for program funding.
To qualify, the house must be within the city limits and the home must be owner-occupied. Homes originally constructed as duplexes or apartment complexes are not eligible.
Founded in 1994, the original program has been dormant due to staff reductions since 2010. Under the previous program, homeowners could receive up to $75,000 in funding.
Aldermen will vote on the proposal to renew the program at 6 p.m. Tuesday at City Hall, 44 E. Downer Place.