This
program is designed for low-income homeowners residing in Target Areas,
Action Team Areas, and Safe Neighborhoods. Its purpose
is to help homeowners make repairs because of City code violations
and to assist qualified homeowners who wish to make repairs
to their home but who do not qualify for the City's regular
Housing
Rehabilitation Program.
Funds
can be used primarily for exterior improvements such as roof,
painting, fencing and landscaping, along with water heater,
plumbing, electrical, and sewer.
General
Terms
(As of 12/5/08)
The
maximum amount of assistance is $10,000 per household; $5,000 initial assistance plus up to a $5,000 match to owner's funds.
Loans
are provided at zero percent (0%) interest. Unpaid funds are
due upon the sale of property, transfer of ownership, death of owner (except for right of survivorship of joint tenant), or if the
home is occupied for less than seven (7) years. Senior and "special needs" persons may qualify for the loan to be forgiven after seven
(7) years, provided the title to the property
has not changed. For additional information, click below:
Neighborhood
Improvement Loan Program (English)
Programa de Préstamos para Mejoramiento a la Comunidad (Español)
(These documents are in PDF format. If you do not have Acrobat Reader, you may download the free version, click here )
Note: Program Guidelines are subject to change without notice.