Existing Homeowner Assistance
Participants rehabilitating a home in the DREAM Plus area will be eligible for a grant of up to $50,000, forgiven over five years. The property must remain owner-occupied during this period. $40,000 of the grant can be used for exterior improvements with an additional $10,000 for interior major mechanical improvements.
Eligible improvements in the DREAM Plus area include:
- Windows
- Siding
- Exterior Paint
- Doors
- Gutters/soffits/fascia
- Roofs
- Porches
- Garages
- Fences
- Retaining walls
- Hardscaping
- Dead or disease tree removal
- Furnace
- A/C units
- Water heaters
Interested in moving to the Dream Plus area?
New homeowners looking to purchase property in the Dream Plus area are eligible to apply for funding! Applicants are eligible to apply with proof of purchase agreement of a property within the area. If awarded, applicants will have 60 days upon notification of award to close on the property.
Rental Property Owner Assistance
Owners of rental properties rehabilitating a rental property in the DREAM Plus area will be eligible for a grant of up to $20,000, forgiven over five years, for exterior improvements.
Eligible improvements include
- Siding
- Exterior Paint
- Doors
- Windows
- Gutters/soffits/fascia
- Porches
- Roofs
Process
The City of Davenport’s Community and Economic Development (CED) staff will be administering DREAM Plus and will provide assistance for residents who would like to apply for the program. If needed, a Rehabilitation Specialist will meet interested participants at their property to understand the scope of the project and identify any other property needs prior to completing the application.
Once a project has been approved, Rehabilitation Specialists will assist in a more thorough consultation on eligible scope of work and requirements. They will also assist the resident in receiving quotes from licensed contractors to complete the work. The resident will then choose their contractor, and payments will be made directly to the contractor after the work has been completed.
Applicant Requirements
To qualify for a Davenport DREAM Plus grant, current homeowner applicants must provide proof of current homeowners insurance. The property, or any other property owned by the applicant within the City of Davenport, must have no outstanding City liens. Contract owners are not eligible to apply.
Applicants are eligible to apply with proof of purchase agreement of a property within the area. If awarded, applicants will have 60 days upon notification of award to close on the property.
Rental property owners must provide proof of record of ownership as of December 1, 2021, appropriate rental licensing and insurance and be in good standing with the City of Davenport. The property, or any other property owned by the applicant within the City of Davenport, must have no outstanding City liens.
Preference will be given to applications with projects scopes that address the following areas: mechanical measures, health and safety measures, building shell measures and electric baseload measures.