NMHFA Home Owner Rehabilitation Program

Acerca de Este Programa

State-funded deferred loan program for major home repairs and rehabilitation for owner-occupants at or below 80% area median income. Loan is forgiven after 10 years of continued owner occupancy.

Deferred loan forgiven after 10 years of owner occupancy

Detalles Clave

• Deferred loan up to $35,000 for major repairs
• Income at or below 80% AMI required
• Must be owner-occupied for 10 years
• Loan forgiven after 10-year compliance period
• Available statewide including Rio Rancho

Como Solicitar

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

Deadline: Contact local administrator for current availability