Bismarck Owner-Occupied Rehabilitation Program

Acerca de Este Programa

CDBG-funded forgivable loan for major home rehabilitation for low- to moderate-income homeowners within Bismarck city limits. Loan is forgiven after 5 years of continued owner occupancy and compliance with program requirements.

Forgivable loan up to maximum, no repayment if compliance maintained

Detalles Clave

• Forgivable loan up to $35,000 for major repairs
• Income at or below 80% AMI required
• Must be owner-occupied within Bismarck city limits
• Forgiven after 5 years of occupancy
• Covers roofing, HVAC, electrical, plumbing, structural

Como Solicitar

Un contratista con experiencia en subvenciones en Bismarck, ND 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 while funds available