Residence Repair Loans and Residence Accessibility Grants

Residence Repair Loans and Residence Accessibility Grants

by Ronald Mcrogers

Residence Repair Loans and Residence Accessibility Grants

Residence repair loans assist low-income homeowners pay for required and critical repairs. Our objective is always to eradicate unhealthy or dangerous conditions, eiminate barriers to accessibility, enhance security for individuals with real disabilities and energy that is incorporate measures that reduce power expenses and use.

We offer loans to low-income homeowners for required and critical house repairs and tiny funds to low-income people with disabilities in order to make their domiciles more available. Loans and funds now available and income limitations are given just below.

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

For low-income people with real disabilities to boost safety and access(some tenants might not be qualified): Accessibility funds

For low-income property owners: 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.

Steps to get house fix loan or accessibility grant:

  1. Complete a online inquiry or phone our workplace for support. If it seems maybe you are qualified we are going to include one to the waiting list. When capital is present, we shall deliver you a page. Then apply if you are still interested, you may.
  2. We’re going to review your determine and application eligibility.
  3. In the event that you qualify, a Rehab Advisor will examine your home to find out just just what repairs are expected. Safety and health products are a definite concern.
  4. You shall request bids from contractors that you choose. A summary of interested contractors can be obtained for the convenience.
  5. Your Rehab Advisor will help you through the construction procedure.

Accessibility Grants

Low-income homeowners (and eligible tenants) with real disabilities could be entitled to a grant as much as $5,000 to pay for the price of enhancing access and safety. Samples 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 renters in flats, at the least 51 % of this devices within the framework needs to 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 supply just — woodstoves & pellet stoves are thought a additional temperature supply. (No equity needed. ) $15,000 repairs that are exterior: Roof/Gutters, Paint, Weatherization, Windows/Doors, Foundation. (Credit and equity needs apply. payday loans in Oregon ) $25,000
Complete Repairs Complete house 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 monthly obligations. Deferred provided that home owner life in home, or until offered, name transported, refinance, or modification of good use. Loans are guaranteed by lien on home.

Present yearly income that is gross effective June 28, 2019

Family members’s yearly revenues must be significantly less than 80% regarding the County’s median earnings, as based on HUD. The present limitations that apply to loans and funds 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

Contractors

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

We don’t recommend or endorse any contractors. Contractors from the HUD debarred list aren’t qualified to use.

If you’re thinking about working together with our system, please finish the specialist information return and application to the workplace. Please include copies of your CCB registration, insurance 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 be property that is buying must certanly be in name
  • Owner must reside in home
  • Home fees must certanly be present
  • Applicant should have equity that is sufficient
  • Loans for outside repairs need that the surface of domiciles be brought as much as HUD’s Housing Quality Standards (HQS) and Clackamas County’s minimal rehab standards.
  • Loans for the solitary function are restricted to one wellness or security product just.
  • All work must certanly be done by Oregon-licensed and bonded contractors.
  • Manufactured domiciles in areas try not to be eligible for a loan. (OK for an Accessibility give. )

Ronald Mcrogers