Residence Fix Loans and Home Accessibility Grants

Residence Fix Loans and Home Accessibility Grants

Residence repair loans assist low-income homeowners pay for needed and repairs that are critical. Our objective is always to eradicate unhealthy or dangerous conditions, eiminate barriers to accessibility, enhance security for individuals with physical disabilities and incorporate energy saving measures that reduce power costs and usage.

We provide loans to low-income homeowners for required and home that is critical and little funds to low-income people with disabilities to help make their houses more available. Loans and funds available and limits that are income down the page.

Fill in an inquiry to discover if you’re qualified!

For low-income individuals with real disabilities to boost safety and access(some renters may possibly not be qualified): Accessibility funds

For low-income homeowners: Home Fix Loans

Us or call 503-655-8591 if you have other quesitons, email.

How can the Housing Rehabilitation Program work?

This system provides loans that are low-interest funds to greatly help property owners in Clackamas County repair their domiciles and enhance accessibility.

Procedures to get house fix loan or accessibility grant:

  1. Complete an inquiry that is on-line call our office for support. You may be eligible we will add you to the waiting list if it appears. Whenever money can be obtained, we shall give you a page. If you should be still interested, you might then use.
  2. We shall review your determine and application eligibility.
  3. In the event that you qualify, a Rehab Advisor will examine your home to find out exactly just what repairs are expected. Safety and health things are a definite concern.
  4. You shall request bids from contractors of the option. A summary of interested contractors can be acquired for the convenience.
  5. Your Rehab Advisor will help you through the entire construction procedure.

Accessibility Grants

Low-income homeowners (and renters that are eligible with real disabilities can be qualified to receive a grant as much as $5,000 to pay for the price of increasing access and safety. Samples of qualified improvements: wheelchair ramps, handrails and widened paydayloanadvance.net/payday-loans-tn doorways, kitchen area or restroom accessibility improvements such as for example roll-in showers, raised toilets and grab pubs. (For tenants in flats, at the least 51 % regarding the devices when you look at the framework should be occupied by low-income households. )

Residence Fix Loans

Max. Loan
solitary Purpose wellness or security product just. Examples: water/well, septic/sewer, heat or roof. Main temperature supply only — woodstoves & pellet stoves are thought a heat source that is secondary. (No equity needed. ) $15,000
External Repairs Examples: Roof/Gutters, Paint, Weatherization, Windows/Doors, Foundation. (Credit and equity needs apply. ) $25,000
Complete Repairs Complete house repairs must fulfill Community developing rehab standards. $35,000

Basic loan needs

House should be based in Clackamas County and needs to be looking for repair

Deferred Payment Loan (DPL) terms

Low 3% per simple interest year. Re re Payments are deferred — no payments that are monthly. Deferred provided that home owner life in house, or until offered, name moved, refinance, or modification of use. Loans are guaranteed by lien on home.

Present annual income that is gross effective June 28, 2019

Family members’s yearly revenues must be significantly less than 80% associated with County’s median earnings, as decided by HUD. The present limitations that apply to loans and grants are shown below.

Home 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

Contractors

Our company is presently soliciting for contractors whom could be enthusiastic about bidding on jobs into the Housing Rehabilitation Loan Program. Contractors on our list should be certified, fused and registered utilizing the State of Oregon Construction Contractors Board while having experience with housing rehabilitation.

We try not to suggest or endorse any contractors. Contractors in the HUD debarred list aren’t entitled to apply.

If you’re enthusiastic about working together with our system, please finish the contractor information return and application to your workplace. Please include copies of your CCB registration, insurance coverage certificates and certifications of particular trades, including asbestos or paint that is lead-based.

Applications and supporting papers may be mailed to: Clackamas County Community developing, 2051 Kaen Rd., STE 245, Oregon City, Oregon 97045; Faxed to 503-655-8563; or emailed.

When you yourself have any concerns or require more information, you may possibly phone County Rehab Specialists, Jayson Tidland or Mike Woolman at 503-655-8591.

  • Applicant must acquire or perhaps property that is buying should be in name
  • Owner must are now living in home
  • Home fees needs to be current
  • Applicant should have adequate equity
  • Loans for outside 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 single function are limited by one wellness or security product just.
  • All work needs to be done by Oregon-licensed and bonded contractors.
  • Manufactured houses in areas don’t be eligible for a loan. (OK for an Accessibility give. )


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