Residence repair loans assist low-income homeowners pay for required and critical repairs. Our objective would be to expel unhealthy or hazardous conditions, eiminate barriers to accessibility, improve security for individuals with physical disabilities and incorporate energy preservation measures that reduce power expenses and use.
We offer loans to low-income homeowners for required and home that is critical and tiny funds to low-income persons with disabilities in order to make their domiciles more accessible. Loans and funds available and income limitations are the following.
Fill in an inquiry to learn if you should be qualified!
For low-income individuals with real disabilities to enhance safety and access(some tenants may possibly not be qualified): Accessibility funds
For low-income home 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 program provides loans that are low-interest funds to simply help home owners in Clackamas County repair their houses and enhance accessibility.
Procedures to acquire house repair loan or accessibility grant:
- Complete an inquiry that is on-line phone our workplace for support. You may be eligible we will add you to the waiting list if it appears. Whenever capital can be obtained, we shall give you a letter. If you should be nevertheless interested, you might then use.
- We are going to review your application and figure out eligibility.
- In the event that you qualify, a Rehab Advisor will examine your home to ascertain just just exactly what repairs are essential. Safety and health things are a definite concern.
- You shall request bids from contractors of one’s option. A summary of interested contractors is present for the convenience.
- Your Rehab Advisor can assist you through the entire construction procedure.
Accessibility Grants
Low-income homeowners (and qualified tenants) with real disabilities are entitled to a grant as much as $5,000 to pay for the expense of enhancing access and security. Samples of qualified improvements: wheelchair ramps, handrails and payday loans Delaware widened 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 very least 51 % associated with devices into 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 temperature. Main temperature supply only — woodstoves & pellet stoves are thought a heat source that is secondary. (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 home repairs must satisfy Community developing rehab standards. | $35,000 |
Fundamental loan demands
House should be positioned in Clackamas County and needs to be looking for fix
Deferred Payment Loan (DPL) terms
Minimal 3percent per year simple interest. Payments are deferred — no monthly obligations. Deferred so long as home owner everyday lives in house, or until offered, name transmitted, refinance, or modification of good use. Loans are guaranteed by lien on home.
Current yearly income that is gross effective June 28, 2019
Your family’s yearly income that is gross be lower than 80% associated with County’s median earnings, as decided by HUD. The present limitations that apply to loans and funds 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 can 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 with housing rehabilitation.
We do not suggest or endorse any contractors. Contractors from the HUD debarred list aren’t entitled to use.
If you’re enthusiastic about working together with our system, please finish the specialist information application and return to your workplace. Please include copies of your CCB registration, insurance coverage certificates and certifications of certain trades, including asbestos or lead-based paint.
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 acquire or perhaps property that is buying needs to be in name
- Owner must inhabit home
- Home fees must certanly be present
- Applicant will need to have adequate equity
- Loans for outside repairs require 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 must certanly 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. )