Las Cruces HOME Rehabilitation Program

Acerca de Este Programa

HUD HOME Investment Partnership Program funds for comprehensive home rehabilitation. Provides forgivable loans for major repairs to bring homes up to code and improve livability. Loan forgiven after 10 years of continued owner occupancy, prorated for early sale.

Forgivable loan based on rehabilitation needs, no repayment if 10-year occupancy requirement met

Detalles Clave

• Forgivable loan up to $40,000
• Income at or below 80% AMI required
• Forgiven after 10 years of occupancy
• Comprehensive rehabilitation of existing homes
• Must meet HOME program property standards

Como Solicitar

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

Deadline: Applications accepted quarterly