7-8 months from the time you are approved for the program to when your project is completed.
Once the application has been submitted and approved for processing, the applicant will be notified via email. A third-party inspector will be sent out to your home to prepare a bid specification document for the project that was listed on the application. Once prepared, the homeowner will meet to discuss the bid specification document and view the estimate cost of the project. When the homeowner agrees to move forward, the Village will schedule a pre-submittal meeting that will be advertised on DemandStar for all interested general contractors.
The pre-submittal meeting allows those interested general contractors to come out to the property and take measurements. Only general contractors who attend this pre-submittal meeting can bid on the project. A bid opening will be held to open all submitted bids, the contractor with the lowest responsive bid is awarded the project.
When the title search is received and reviewed, the loan documents will be prepared for the homeowner’s signing. The loan documents will be sent to be recorded with the County. The project will commence once the work order is approved by the Village of Wellington and the recorded documents have been returned to the Village.
The contractor has 120 days from date of commencement to complete the project.