City of Colorado Springs Owner-Occupied Rehabilitation

City of Colorado Springs Community Development (CDBG)

Available Home Repair

About This Program

CDBG-funded deferred forgivable loan for major home repairs and accessibility improvements for low-income owner-occupied homes within Colorado Springs city limits. Loan is forgiven after 10 years of continued owner occupancy.

Loan amount based on needed repairs; forgiven after 10 years of occupancy

Key Details

  • Deferred forgivable loan up to $50,000
  • Income at or below 80% AMI required
  • Must occupy home as primary residence
  • Covers major repairs and code violations
  • Forgiven after 10 years of compliance

How to Apply

Deadline: Rolling while funds available

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