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Community Development

Posted on: July 21, 2022

City Renews Local Housing Grants, Announces Rental Conversion Grant

The City updated two residential grant programs & announced a third designed to generate more single-family housing. The programs are for homeowners seeking assistance to upgrade, & for property owners or developers to generate new single-family housing.

These programs are renewed annually as finances are available. 

  • The Neighbor Helping Neighbor program reimburses low to moderate income residents up to $5,000 for materials and contracted labor for property improvement projects. Residents must provide $2,500 to receive the full $5,000.
  • The Residential Structure Demolition program provides property owners up to $15,000 for demolition costs when constructing new single-unit housing.
  • The new Multi-Family Rental Conversion program reimburses property owners up to $35,000 for materials and labor required to return homes to a single-unit design.

Applications can be found at StevensPoint.com/ResidentialGrants.

The Stevens Point Redevelopment Authority and City of Stevens Point originally announced these programs in 2018 in response to the City’s 2017 Housing Study, which identified new and higher quality single-family housing as a large need of the community. Since these programs were created, 9 grants have been awarded to community members to improve their homes. All programs are funded through the Redevelopment Authority.

“Housing may be a national issue, but our community deserves local support,” says Mayor Mike Wiza. “These programs and our other initiatives seem to be serving Stevens Point well so far. We still have a long way to go to meet everyone’s needs, and I look forward to seeing the programs grow and benefit more residents.”

Residents and property owners can call the Community Development Department at 715-346-1567 for more information about these programs and to schedule a pre-application meeting.

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