The program's purpose is to improve the housing quality of low-moderate income property owners by eliminating substandard housing conditions by rehabilitating the property to meet code requirements, increase energy efficiency and other general improvements that are of an essential and permanent nature for home accessibility and livability.
May include but are not limited to: structural repairs; energy improvements; accessibility for a disabled person; lead based paint hazard reduction; repair or replacement of major housing systems; incipient repairs and general property improvements of a non-luxury nature; correction of a drainage problem; non-living space limited to demolition of deteriorated structures, structural repairs, or weather protection.
Interest Rates and Loan Information
|Income Range||Amortized Loan||Deferred Loan|
|0-65% of Median Income||n/a||100%|
|65%-80% of Median Income||50% of loan||50% of loan|
The property to be i proved shall by occupied by the applicant as a principal residence for minimum periods as follows:
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