Residence Repair Loans and Residence Accessibility Grants

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Publicado em: 06/08/20

Residence Repair Loans and Residence Accessibility Grants

Residence repair loans help low-income homeowners pay for required and critical repairs. Our objective is always to eradicate unhealthy or dangerous conditions, eiminate barriers to accessibility, enhance safety for individuals with real disabilities and incorporate energy saving 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 individuals with disabilities to help make their houses more accessible. Loans and funds now available and limits that are income down the page.

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

For low-income individuals with physical disabilities to boost access and security (some tenants may possibly 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 exactly does the Housing Rehabilitation Program work?

This system provides loans that are low-interest funds to aid property owners in Clackamas County repair their houses and improve accessibility.

Procedures to have a true home fix loan or accessibility grant:

  1. Complete an inquiry that is on-line phone our workplace for support. If it seems perhaps you are eligible we are going to include one to the waiting list. Whenever financing can be obtained, we will deliver you a page. Then apply if you are still interested, you may.
  2. We shall review your application and discover eligibility.
  3. In the event that you qualify, a Rehab Advisor will examine your premises to ascertain just just what repairs are required. Safety and health products are really a concern.
  4. You shall request bids from contractors of the option. A summary of interested contractors can be obtained for the convenience.
  5. Your Rehab Advisor can assist you through the construction process.

Accessibility Grants

Low-income homeowners (and renters that are eligible with real disabilities can be entitled to a grant as much as $5,000 to pay for the price of increasing access and security. Types of qualified improvements: wheelchair ramps, handrails and widened doorways, home or bathroom accessibility improvements such as for example roll-in showers, raised toilets and grab bars. (For tenants in flats, at the very least 51 % regarding the devices within 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, heat or roof. 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. ) $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 needs to be looking for fix

Deferred Payment Loan (DPL) terms

Minimal 3percent per simple interest year. Re re Payments are deferred — no monthly obligations. Deferred so long as home owner everyday lives in house, or until offered, name transported, 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% regarding the County’s median earnings, as based on HUD. The limits that are current 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 might be enthusiastic about putting in a bid on tasks into the Housing Rehabilitation Loan Program. Contractors on our list needs to be certified, fused and registered utilizing the continuing State of Oregon Construction Contractors Board and also have experience in housing rehabilitation.

We don’t suggest 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 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 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.

For those who have any concerns or require extra information, you could call 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 reside in home
  • Home fees must certanly be present
  • Applicant will need to have enough equity
  • Loans for external repairs need that the exterior of domiciles be brought as much as HUD’s Housing Quality Standards (HQS) and Clackamas County’s minimal rehab standards.
  • Loans for the purpose that is single restricted to one wellness or safety product only.
  • All work needs to be done by Oregon-licensed and bonded contractors.
  • Manufactured houses in areas usually do not be eligible for a financing. (OK for an Accessibility give. )