Home must be owner-occupied to qualify

Home cannot be converted to rental property

Homeowner(s) must meet income guidelines

Loan falls due upon transfer of title of property (including forgivable loans)

Property cannot be located in a floodplain

Property must be located in the city limits of our service area

Property taxes must be paid current throughout the duration of the loan term

Homeowner’s insurance must be maintained throughout the duration of the loan term

Reduce monthly utility costs

Improve energy performance in conjunction with the rehabilitation project

Minimize ongoing maintenance for homeowners

Preserve the housing unit

Add to the quality of living