Norwood Bank Donates $5000 to the Norwood Housing Rehab Program
Norwood Bank has donated $5000 to the Norwood Housing Rehab Program. This program has been administered by the Planning Department since 2004. Since that time 37 homes have been rehabbed including 4 emergency projects. The program is funded by a Community Development Block Grant which originates from HUD and is awarded by the State’s Department of Housing and Community Development through a competitive grant application process. The program assists homeowners who meet location and income requirements by providing them with the necessary funds to improve their living conditions. Funds are used to repair code violations and improve energy efficiency. Some of the most common projects include roof repairs, updating of electrical systems, replacing faulty heating systems, new windows, insulation, and elimination of asbestos and lead paint. Norwood Bank’s donation has been targeted to the control of lead paint within the home. This donation also allows the grant funds to stretch further thereby allowing more projects to be completed.
Pictured in the photo l-r, Tracey Robbins, Norwood Bank VP Residential Lending, Chris Dixon, Norwood Bank President, Allan Howard, Town of Norwood Selectman, Pamela McCarthy, Norwood Housing Authority CDF Coordinator, and Steven Costello, Norwood Town Planner.