Chattanooga Owner-Occupied Rehabilitation Program

Acerca de Este Programa

Provides forgivable loans for major home repairs to income-qualified owner-occupants in Chattanooga. Loan is forgiven after 5 years of continued owner-occupancy and compliance with program terms including maintaining insurance and property taxes.

Forgivable loan amount based on scope of work, forgiven after 5 years of occupancy

Detalles Clave

• Forgivable loan up to $30,000 for major repairs
• Income at or below 80% AMI required
• Must be owner-occupied in Chattanooga
• Forgiven after 5 years of compliance
• Covers structural, systems, and safety repairs

Como Solicitar

Un contratista con experiencia en subvenciones en Chattanooga, TN 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 fund availability