Forgivable loan up to $30,000.00 (no more than $24,900 per hard costs) may be provided for low/moderate-income households. The following rehabilitation activities are eligible:
Repair or replacement of major systems in danger of failing, including:
Roof repair and re-shingling
Foundation repair and stabilization
Electrical, plumbing and heating system improvements
Essential improvements to meet city building code
Accessible and/or adaptable improvements for persons with disabilities
Exterior repairs that increase the life of the structure, including
Lead hazard reduction in accordance with HUD Lead-Based Paint Regulations (24 CFR Part 35). Rehabilitation work on housing built before 1978 that is financially assisted with Federal funds is subject to requirements that control lead-based paint hazards. The repair of any painted surface that is disturbed during work will require a clearance examination to ensure compliance. As applicable, a risk assessment will be conducted to identify lead-based paint hazards and perform interim control measures to eliminate any hazards that are identified.
Houses must be repairable within the loan limits and may include any eligible repair cost necessary to meet the standards for safe, decent and sanitary housing. Rehabilitations will not be granted on a house that does not have code violations and/or critical energy conservation needs.
Currently, not accepting any new inquiry forms. More Rehabilitation procedures are linked below.
For more information please contact Dakota Brown at 903-237-1204