Alabama HOME Investment Partnerships Program

Acerca de Este Programa

Federal HOME funds administered by AHFA to provide rehabilitation assistance to low-income homeowners. Covers comprehensive repairs including structural, systems, energy efficiency, and accessibility improvements. Loan forgiven after 5-15 years depending on amount.

Forgivable loan based on scope of rehabilitation needed

Detalles Clave

• Forgivable loan up to $30,000 for rehabilitation
• Income at or below 80% AMI required
• Must be owner-occupied in Alabama
• Forgiveness period 5-15 years based on amount
• Covers structural, systems, energy, accessibility

Como Solicitar

Un contratista con experiencia en subvenciones en Auburn, AL puede encargarse del papeleo, las inspecciones y los plazos para que sus fondos se liberen a tiempo. La conexion es gratuita.

Deadline: Applications accepted year-round through participating agencies