Residence repair loans assist low-income homeowners pay for required and repairs that are critical. Our objective would be to eradicate unhealthy or dangerous conditions, eiminate barriers to accessibility, enhance security for people with physical disabilities and energy that is incorporate measures that reduce power expenses and usage.
We offer loans to low-income homeowners for required and critical house repairs and tiny funds to low-income people with disabilities to produce their domiciles more available. Loans and funds now available and limits that are income down the page.
Fill in an inquiry to discover if you should be qualified!
For low-income individuals with real disabilities to enhance safety and access(some tenants is almost certainly not qualified): Accessibility Grants
For low-income home owners: Home Fix Loans
Us or call 503-655-8591 if you have other quesitons, email.
How exactly does the Housing Rehabilitation Program work?
This system provides low-interest loans and funds to aid property owners in Clackamas County repair their domiciles and enhance accessibility.
Procedures to have house fix loan or accessibility grant:
- Complete a on-line inquiry or phone our workplace for support. If it seems perhaps you are qualified we are going to include one to the waiting list. Whenever capital can be obtained, we will give you a letter. If you should be nevertheless interested, you might then use.
- We are going to review your determine and application eligibility.
- In the event that you qualify, a Rehab Advisor will examine your premises to ascertain exactly exactly exactly what repairs are essential. Safety and health products are a definite concern.
- You will request bids from contractors of the option. A summary of interested contractors can be acquired for the convenience.
- Your Rehab Advisor will help you for the construction procedure.
Accessibility Grants
Low-income homeowners (and qualified tenants) with real disabilities can be qualified to receive a grant as much as $5,000 to pay for the expense of increasing access and security. Types of qualified improvements: wheelchair ramps, handrails and widened doorways, bathroom or kitchen accessibility improvements such as for example roll-in showers, raised toilets and grab pubs. (For tenants in flats, at the very least 51 % for the devices into the framework must certanly be occupied by low-income households. )
Residence Fix Loans
| Max. Loan | |
| solitary Purpose wellness or security product just. Examples: water/well, septic/sewer, roof or temperature. Main temperature source just — woodstoves & pellet stoves are thought a additional temperature supply. (No equity needed. ) | $15,000 |
| Outside Repairs Examples: Roof/Gutters, Paint, Weatherization, Windows/Doors, Foundation. (Credit and equity demands apply. ) | $25,000 |
| Complete Repairs Complete home repairs must satisfy Community developing rehab standards. | $35,000 |
Fundamental loan demands
House should be situated in Clackamas County and should be looking for fix
Deferred Payment Loan (DPL) terms
Minimal 3percent per year simple interest. Re re Payments are deferred — no payments that are monthly. Deferred so long as homeowner life in house, or until sold, name transmitted, refinance, or modification of good use. Loans are guaranteed by lien on property.
Present annual gross income limits effective June 28, 2019
Your family’s yearly revenues must be not as much as 80% associated with County’s median income, as dependant on HUD. The limits that are current apply to loans and grants are shown below.
| Domestic Size | Annual Gross money (maximum) |
| 1 | $49,250 |
| 2 | 56,250 |
| 3 | 63,300 |
| 4 | 70,300 |
| 5 | 75,950 |
| 6 | 81,550 |
| 7 | 87,200 |
| 8 | 92,800 |
Other information
https://realbadcreditloans.com/payday-loans-ks/
Contractors
Our company is presently soliciting for contractors whom might be enthusiastic about putting in a bid on tasks into the Housing Rehabilitation Loan Program. Contractors on our list should be certified, fused and registered using the continuing State of Oregon Construction Contractors Board and now have experience in housing rehabilitation.
We try not to suggest or endorse any contractors. Contractors regarding the HUD debarred list aren’t qualified to apply.
If you’re thinking about working together with our system, please finish the specialist information application and return to your workplace. Please include copies of your CCB registration, insurance coverage certificates and certifications of certain trades, including asbestos or lead-based paint.
Applications and documents that are supporting be mailed to: Clackamas County Community developing, 2051 Kaen Rd., STE 245, Oregon City, Oregon 97045; Faxed to 503-655-8563; or emailed.
You may call County Rehab Specialists, Jayson Tidland or Mike Woolman at 503-655-8591 if you have any questions or need additional information.
- Applicant must have or perhaps purchasing home and must certanly be in name
- Owner must are now living in home
- Home fees must certanly be current
- Applicant must-have equity that is sufficient
- Loans for external repairs need that the outside of domiciles be brought as much as HUD’s Housing Quality Standards (HQS) and Clackamas County’s minimal rehab standards.
- Loans for a purpose that is single limited by one wellness or safety product just.
- All work needs to be done by Oregon-licensed and bonded contractors.
- Manufactured domiciles in areas don’t be eligible for a loan. (OK for an Accessibility give. )
