Interest-Free Home Improvement Loans

Zero-interest, deferred payment loans for certain home repairs or modifications are available to income-qualified residents.

The City's Home Improvement Loan Program offers loans for projects that improve safety, energy efficiency or accessibility conditions, address code enforcement issues, or even enhance the exterior appearance of single-family homes or condominiums.

Eligible projects include electrical and plumbing repairs; exterior paint or repairs to stucco or siding; installation of deadbolt locks and smoke detectors; insulation; improvements for special needs such as ramps, doorway or hallway widening, or modifications to bathrooms or kitchens; new windows or doors, property cleanups; roof repairs or replacement, and termite/pest control.

Loan amounts are available from $5,000 to $30,000 for single-family homes, and $5,000 to $20,000 for condominiums. There is no interest charged on these loans, there is no monthly payment, and they only have to be repaid if you move out or sell, transfer or refinance the home, or acquire additional real estate.

To qualify for a loan, you must be the owner and occupant of the house, and meet income requirements for low-and-moderate income households.

If you want to learn more about these loans and see if you qualify, set up a free one-on-one appointment with one of the program administrators by calling (909) 839-7030.