Newport News Owner-Occupied Rehabilitation Program

Acerca de Este Programa

Provides comprehensive home rehabilitation for low- and moderate-income owner-occupants in Newport News. Loan is forgiven after 10 years of continued owner-occupancy and compliance with program requirements.

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

Detalles Clave

• Forgivable loan up to $50,000
• Income at or below 80% AMI required
• Must be owner-occupied in Newport News
• Forgiven after 10 years of occupancy
• Covers major systems and structural repairs

Como Solicitar

Un contratista con experiencia en subvenciones en Newport News, VA 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