Peoria Owner-Occupied Rehabilitation Program

Acerca de Este Programa

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

Forgivable loan forgiven over 5 years of occupancy

Detalles Clave

• Forgivable loan for major home repairs
• Income at or below 80% AMI required
• Must be owner-occupied in Peoria city limits
• Forgiven after 5 years of compliance
• Covers roofing, plumbing, electrical, HVAC

Como Solicitar

Un contratista con experiencia en subvenciones en Peoria, IL 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