Colorado Springs Housing Rehabilitation Forgivable Loan

City of Colorado Springs (CDBG)

Available Home Repair

About This Program

CDBG-funded forgivable loan for substantial home repairs addressing code violations, structural issues, and major systems failures. Loan forgiven after 10 years of continued owner occupancy and compliance with program requirements.

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

Key Details

  • Forgivable loan up to $35,000
  • Income at or below 80% AMI required
  • Must occupy home as primary residence
  • Forgiven after 10 years of compliance
  • Covers major structural and systems repairs

How to Apply

Deadline: Rolling applications subject to funding availability

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