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Denison receives $1.55M HUD loan to fund street repairs – News – Herald Democrat

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A plan to leverage 10 years of federal grant cash to fund the instant street enhancements wanted in Denison obtained a last approval lately.

The metropolis of Denison introduced final week that it has been permitted for a $1.55 million Section 108 loan via the U.S. Department of Housing and Urban Development. This loan will permit the town to transfer ahead with plans to enhance and restore many metropolis roads in 2017.

The metropolis will use a portion of its annual funding by way of HUD Community Development Block Grant program to repay the lump-sum loan over the course of 10 years. This funding shall be mixed with $250,000 in earlier years’ HUD funds and $500,000 from the town.

“I think you could say it is $2 million toward revitalization,” Development Services Director Gabe Reaume stated Friday. The majority of the work is predicted to be in the identical neighborhoods that the town’s reasonably priced housing program has focused and can doubtless spur further redevelopment in these areas, he stated.

“Ultimately, I think the residents will be pleased once the work is done,” he added.

Earlier this yr, the town evaluated the circumstances of its roads forward of the anticipated enhancements. Using a specialised truck mounted with digital camera gear, the town was in a position to rating the conditional of nearly all of its roads on what is known as a Pavement Condition Index. Under the index, which scales from 1-100, a rating of 100 rated as an ideal and freshly laid roadway.

In its analysis, the town roads scored a mean of 62, which represents ‘truthful’ situation. Interim Public Works Director Bobby Atteberry stated the town’s plan is to improve and keep the situation at about 65. To accomplish this, the town plans to mill and overlay some roads whereas utterly rebuilding different roads. However, as soon as work begins on overlay work, crews might uncover further work and extra roadways might require a full rebuild, Atteberry added.

While the work extends via out the town, Reaume stated key spots for subsequent yr’s efforts embrace the mill space close to Henry Scott Middle School and areas close to Munson Park. As an instance, Vaughn Drive, which is adjoining to Munson Park, scored a 16 on PCI rating.

Under the CDBG program, the funds by way of the loan have to be used for upgrades and enhancements in neighborhoods which are predominantly low- to average-revenue areas. In earlier years, the town utilized these funds from HUD on main and minor residential restore help.

Reaume stated metropolis employees first began speaking about utilizing these funds for street repairs due to difficulties with this system. Despite receiving funds for repairs, Reaume stated most of the residences have been in such dangerous form that the repairs didn’t save the house from demolition.

Other difficulties got here as the town had problem discovering contractors to work on tasks for the restricted funds that have been obtainable. This in flip restricted the scope of labor that could possibly be executed beneath this system.

“Roofs were completely out of the question, as were foundations,” he stated.

Under the brand new construction of this system, $75,000 of the town’s annual HUD funding of $310,000 will probably be reserved for emergency repairs. Reaume described these sort of emergencies as fuel leaks, heating and air points and water heater issues, amongst others.

With the $75,000 Reaume stated the town ought to give you the chance to meet its historic want for this system whereas pursing a group enchancment that may profit all residents of Denison, officers stated.

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