Borough Receives 3rd NPP grant

Congratulations to the Borough of Merchantville for their third award of a Neighborhood Preservation Program. The Department of Community Affairs announced ten new awards this fall. We are proud that Merchantville will again be the lead agency in another

Congratulations to the Borough of Merchantville for their third award of a Neighborhood Preservation Program. The Department of Community Affairs announced ten new awards this fall. We are proud that Merchantville will again be the lead agency in another multi-jurisdictional grant with Pennsauken and Cherry Hill where part of each town is within the program area. The State has awarded $125,000 for the first year of this five year program with the promise of at least another $400,000 over the next four years. In addition, Merchantville also received $100,000 in a separate grant for Balanced Housing during 2008 and will also work with the County Home Improvement Program to leverage additional funding.

Streets in Merchantville that are included within the target area include parts of Volan, Chapel, Locust, Centre, Spruce, Woodlawn and Russell. What this means is that everyone living in the target area qualifies for a grant. Residents, business owners and landlords can receive funds to renovate their home, apartment or store. The amount of a grant is based on income and type of property. Homeowners can receive up to $25,000 in funding to replace major appliances in the home, such as, but not limited to heaters, roofing, electrical, plumbing, windows and many other items. Applications will be available on a first come first serve basis when the State approves the work plan. It will take approximately six months before you can expect to this process to begin. The first phase of the grant application includes a planning and approval process. Residents within the target area will receive information about grant possibilities over the next few months. If you would like to be part of the planning and you are within the area, we would like to include you in our resident organization. Call the Borough office at 662.2474 ext. 103.

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