Substantial Rehabilitation
The Substantial Rehabilitation Program provides financial assistance to home owners with major housing repair needs. The owner is required to provide a minimum of 20% of the cost of construction from private sources. Additional program details include, but are not limited to:
- Clients may qualify for the maximum loan amount of $80,000.00 from city funds;
- The loan amount will be structured over a 20-30 year term.
- All projects recommend for assistance will receive a full review by the Redevelopment and Preservation Commission.