Franklin Owner-Occupied Rehabilitation Loan

Acerca de Este Programa

CDBG-funded forgivable loan for substantial home rehabilitation for low-income Franklin homeowners. Loan forgiven after 10 years of continued owner-occupancy. Covers major systems, structural repairs, and code compliance.

Forgivable loan, no repayment if you remain in home 10 years

Detalles Clave

• Forgivable loan for major rehabilitation
• Income at or below 80% area median
• Must be owner-occupied in Franklin
• Forgiven after 10 years of occupancy
• Covers major systems and structural repairs

Como Solicitar

Un contratista con experiencia en subvenciones en Franklin, 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 funding