The Housing Rehabilitation program provides low and moderate income homeowners the means to repair and upgrade their homes through a low- to no-interest loan program. Housing Resources makes the loans, secured by a promissory note and deed of trust. All loans must be paid in full when the property is sold, given away, or inherited.
Housing Resources Rehabilitation specialists secure bids for the projects, help clients choose qualified contractors, help with all inspections, and provide assistance with the necessary paperwork.
Eligible home improvement activities include, but are not limited to:
- Repair and/or replace plumbing and electrical systems
- Remove old shingles and install new roofing materials
- Replace old leaky windows with high efficiency duel pane windows
- Handicap accessible modifications
Since its inception in 1991, the Housing Rehabilitation Program has improved nearly 200 homes.
- Payments, interest rates, and terms of the loans are determined on the basis of how much the client can afford to pay
- Loan payments, interest rate, and term can be re-negotiated if the income of the client changes
- Loans are for the rehabilitation of owner-occupied homes (the homeowner must use the home as his/her permanent residence)
- Applicants must qualify for the loans based upon home ownership and income.
- Loans are often made to single-head of household families, seniors, disabled people, and others on limited or fixed incomes. However, anyone who meets the guidelines is welcome to apply and payments are always based upon the client’s ability to repay.
- Loans may be made for most required home repairs (such as roof, plumbing, electrical, painting, etc.) and occasionally for room additions.
- Loans may NOT be used for repair of outbuildings, fences, or garages
If your home needs to be repaired and you are afraid that you can’t afford it, CLICK HERE TO APPLY FOR THE HOUSING REHABILITATION PROGRAM. Applications are accepted year-round, however currently there is a waiting list.