CBS 11 Header TXA 21 Header MeTV Header KRLD Header The Fan Header
NFL Preseason: Dallas Cowboys vs Miami Dolphins on CBS 11 & 105.3 The Fan at 6:00pm | Cowboys News

Local

Plano Rolls Out New Urban Renewal Plan

Ken Molestina Ken Molestina
Prior to joining CBS 11 News in January 2014 as anchor and repor...
Read More

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

From Our CBS Music Web Sites

494849761 10 Plano Rolls Out New Urban Renewal PlanCelebrating National Underwear Day

465887719 Plano Rolls Out New Urban Renewal PlanFacebook Users – Beware The App!

 alt=JLo Shows Off Her Best Assets In New Cover

904255 10 Plano Rolls Out New Urban Renewal PlanRemembering Robin Williams

 alt=Musicians Then And Now

Fantasy_tile

VOTE: Best Coaches In American Sports

PLANO (CBS 11) – Monday marks day one of a new program rolled out by the city of Plano aimed at sprucing up older neighborhoods.

City officials say with so much development in the area it’s time to focus on fixing up homes that are eyesores. Their hope is to revitalize the entire city and increase property values.

City of Plano Community Services Manager Shanette Brown says they want to help their older neighborhoods age “gracefully.”

Under the new plan named the “Great Update Rebate Program” some 16,000 homeowners could qualify for rebates to interior and exterior home improvements. Plano officials have set aside $617,000 to be given during the program’s first year of implementation.

In order to qualify the value of the home can’t exceed $200,900. It must be at least 35 years old, and the total cost of renovations to the home should be at least 10 percent of the home’s value.

The program is open to home owners, and real estate investors alike.

(©2014 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

Latest News:

Top Trending:

Follow

Get every new post delivered to your Inbox.

Join 42,319 other followers