The Housing Rehabilitation Loan program is available to low and moderate-income homeowners for taking care of health, safety, and maintenance issues with their existing homes.
This program comes from both federal grants and local revolving loan funds to provide suitable living environments and expand economic opportunities for low and moderate-income households.
Repairs may include, but are not limited to:
Plumbing
Electrical
Structural repair
Roof Repair/Replacement
Siding
Paint
Windows/Doors
Insulation
HVAC
Frequently Asked Questions
How do I pay for these repairs?
This a loan program and qualified applicants will have a lien recorded against their homes in the amount of construction and loan fees. The loan is interest-free and requires no repayment as long as the borrower is living in the home. Repayment is required when the borrower moves out of the home, sells the home, or is deceased. Repayment is only accepted as a lump-sum payment. Early repayment is accepted.
What are the eligibility guidelines?
Must own or be buying your home
Real market value of home must not exceed $250,000
Manufactured homes built after 1976 will be considered if they are on the resident’s property and de-titled
Owner must have sufficient equity
Your home value must be greater than outstanding home loan by enough to fund the project and leave some equity in the home
Homes in a flood hazard area must have and maintain flood insurance for the life of the loan
Brief overview of the rehabilitation process
Pre-Application
Processed by Community Connection, including:
Initial screening of applicant income
Initial screening of home value and equity status
Full Application
Processed by Community Connection, including:
Property title search for other encumbrances, such as tax liens or judgements
Flood hazard determination
Credit report
Proof of income
Proof of insurance
Home Audit
Home inspection by the Community Connection auditor/inspector, including:
Thorough inspection of home
Interview with homeowner
Create a list of necessary and eligible repairs and improvements
Photographs of home
State historic preservation office review
Project review by local building department
Contractor Bidding
Homeowner send completed bid sheets to local contractors for bidding
Contractors submit big to either homeowner or Community Connection
Homeowner chooses successful bidding contractor
Construction Contracts and Loan Documents
Construction contract and accompanying documents signed
Loan documents signed, notarized, and recorded
Construction
Contractor will have 90 days to complete contracted work
In-progress and final inspections performed by Community Connection’s auditor
Inspections on permitted activities by local building official or inspector
Where can you call or apply for housing rehabilitation?