Bloomington Owner-Occupied Housing Rehabilitation

Acerca de Este Programa

Provides forgivable loans for major home repairs and rehabilitation for income-qualified owner-occupied homes in Bloomington. Loan is forgiven after 5 years of continued owner occupancy. Covers structural, systems, and essential health/safety improvements.

Forgivable loan amount based on income and scope of needed repairs, up to $35,000

Detalles Clave

• Forgivable loan up to $35,000 for major repairs
• Income at or below 80% AMI required
• Must maintain owner occupancy for 5 years
• Covers roofing, HVAC, electrical, plumbing, structural
• Rolling applications accepted

Como Solicitar

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

Deadline: Rolling applications, subject to funding availability