HOME Investment Partnerships Program

City of Colorado Springs (HUD HOME)

Available Home Repair

About This Program

HUD HOME-funded forgivable loan for substantial rehabilitation of owner-occupied homes for low-income households. Loan is forgiven after 15 years of compliance with program requirements including continued owner occupancy.

Forgivable loan based on scope of needed repairs; forgiven over 15 years

Key Details

  • Forgivable loan up to $40,000
  • Income at or below 80% AMI required
  • Must be owner-occupied
  • Forgiven after 15 years of compliance
  • Covers major home rehabilitation

How to Apply

Deadline: Applications accepted year-round

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