Housing search picks two low rent options for Rock Valley
City council this year explored two housing programs for seniors on social security. FHA sponsored units would be built locally with a 2 percent down payment, no federal rent subsidy, and monthly rents around 70 to 80 dollars. government backed subsidies could apply under HUD program but timeline suggests years before construction. The FHA plan has seen success in nearby towns and Rock Valley aims to start with five units, expanding if demand exists.
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Residents urged to buy 225 valley housing memberships
Survey results show 285 responses with 128 aged 62 to 82 expressing interest in low rent housing in Rock Valley. Valley Housing Inc invites 225 memberships purchases via city hall checks to support urgent housing needs for homeowners on social security and others aged 60 to 82.
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