Residence Fix Loans and Residence Accessibility Grants

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

We offer loans to low-income homeowners for needed and critical house repairs and little funds to low-income individuals with disabilities to create their houses more available. Loans and funds currently available and income limitations are down the page.

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

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

For low-income home owners: Home https://badcreditloanzone.com/payday-loans-me/ Fix Loans

When you have other quesitons, e-mail us or call 503-655-8591.

How can the Housing Rehabilitation Program work?

This program provides loans that are low-interest funds to simply help home owners in Clackamas County repair their domiciles and enhance accessibility.

Procedures to have a true house repair loan or accessibility grant:

  1. Complete a on-line inquiry or phone our workplace for support. You may be eligible we will add you to the waiting list if it appears. Whenever financing can be obtained, we shall deliver you a page. If you should be nevertheless interested, you may possibly then use.
  2. We shall review your application and discover eligibility.
  3. In the event that you qualify, a Rehab Advisor will examine your premises to find out exactly exactly what repairs are essential. Safety and health things certainly are a concern.
  4. You will request bids from contractors that you choose. A listing of interested contractors can be acquired for the convenience.
  5. Your Rehab Advisor can assist 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 expense of enhancing access and security. Types of qualified improvements: wheelchair ramps, handrails and widened doorways, home or restroom accessibility improvements such as for example roll-in showers, raised toilets and grab pubs. (For tenants in flats, at the very least 51 per cent for 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, roof or heat. Primary temperature supply just — woodstoves & pellet stoves are thought a heat source that is secondary. (No equity needed. )$15,000
Outside Repairs Examples: Roof/Gutters, Paint, Weatherization, Windows/Doors, Foundation. (Credit and equity requirements apply. )$25,000
Complete Repairs Complete house repairs must fulfill Community developing rehab standards.$35,000

Fundamental loan needs

House should be situated in Clackamas County and needs to be looking for fix

Deferred Payment Loan (DPL) terms

Minimal 3percent per simple interest year. Re re Payments are deferred — no monthly premiums. Deferred so long as home owner life in house, or until offered, name transmitted, refinance, or modification of good use. Loans are guaranteed by lien on home.

Present yearly gross income limits effective June 28, 2019

Family members’s yearly revenues must be not as much as 80% for the County’s median earnings, as based on HUD. The present limits that apply to loans and funds are shown below.

Domestic SizeAnnual Gross money (maximum)
1$49,250
256,250
363,300
470,300
575,950
681,550
787,200
892,800

Other information

Contractors

We have been presently soliciting for contractors whom could be enthusiastic about putting in a bid on jobs within the Housing Rehabilitation Loan Program. Contractors on our list needs to be certified, fused and registered aided by the continuing State of Oregon Construction Contractors Board while having experience in housing rehabilitation.

We usually do not suggest or endorse any contractors. Contractors from the HUD debarred list aren’t qualified to apply.

If you’re thinking about working together with our system, please finish the specialist 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.

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 obtain or perhaps property that is buying should be in name
  • Owner must inhabit home
  • Home fees needs to be present
  • Applicant should have enough 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 solitary function are restricted to one wellness or security product just.
  • All work needs to be done by Oregon-licensed and bonded contractors.
  • Manufactured houses in areas try not to be eligible for that loan. (OK for an Accessibility give. )
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