Home repair loans assist low-income homeowners pay money for required and critical repairs. Our objective would be to eradicate unhealthy or dangerous conditions, eiminate barriers to accessibility, enhance security for people with real disabilities and incorporate energy preservation measures that reduce power expenses and use.
We offer loans to low-income homeowners for required and home that is critical and tiny funds to low-income individuals with disabilities in order to make their domiciles more available. Loans and funds now available and limits that are income given just below.
Fill in an inquiry to discover if you’re qualified!
For low-income people with real disabilities to boost safety and access(some tenants is almost certainly not qualified): Accessibility funds
For low-income home owners: Home Repair Loans
Us or call 503-655-8591 if you have other quesitons, email.
How can the Housing Rehabilitation Program work?
This system provides low-interest loans and funds to assist property owners in Clackamas County repair their houses and enhance accessibility.
Procedures to acquire house fix loan or accessibility grant:
- Complete a on-line inquiry or phone our office for support. If it seems you might be eligible we shall include one to the waiting list. Whenever money is present, we shall give you a page. If you’re nevertheless interested, you may possibly then use.
- We’re going to review your application and discover eligibility.
- In the event that you qualify, a Rehab Advisor will examine your premises to ascertain just just what repairs are essential. Safe practices products really are a concern.
- You will request bids from contractors that you choose. A listing of interested contractors can be obtained for the convenience.
- Your Rehab Advisor can assist you through the entire construction procedure.
Accessibility Grants
Low-income homeowners (and renters that are eligible with real disabilities can be qualified to receive a grant as much as $5,000 to pay for the expense of increasing access and security. Types of qualified improvements: wheelchair ramps, handrails and widened doorways, kitchen area or restroom accessibility improvements such as for example roll-in showers, raised toilets and grab pubs. (For renters in apartments, at the very least 51 per cent associated with devices into the framework must certanly be occupied by low-income households. )
Residence Fix Loans
| Max. Loan | |
| solitary Purpose wellness or safety item just. Examples: water/well, septic/sewer, roof or temperature. Main temperature source just — woodstoves & pellet stoves are believed a heat source that is secondary. (No equity required. ) | $15,000 |
| Outside Repairs Examples: Roof/Gutters, Paint, Weatherization, Windows/Doors, Foundation. (Credit and equity demands apply. ) | $25,000 |
| Complete Repairs Complete house repairs must fulfill Community developing rehab standards. | $35,000 |
Fundamental loan demands
House should be positioned in Clackamas County and must certanly be looking for fix
Deferred Payment Loan (DPL) terms
Minimal 3percent per year simple interest. Re Payments are deferred — no monthly obligations. Deferred provided that home owner everyday lives in house, or until offered, title transmitted, refinance, or modification of good use. Loans are guaranteed by lien on home.
Present annual gross income limits effective June 28, 2019
Family members’s yearly income that is gross be lower than 80% of this County’s median earnings, as based on HUD. The present limitations that apply to loans and funds are shown below.
| Domestic Size | Annual Gross money (maximum) |
| 1 | $49,250 |
| 2 | 56,250 |
| 3 | 63,300 |
| 4 | 70,300 |
| 5 | 75,950 |
| 6 | 81,550 |
| 7 | 87,200 |
| 8 | 92,800 |
Other information
Contractors
We have been presently soliciting for contractors whom can be thinking about putting in a bid on https://paydayloanadvance.net/payday-loans-ky/ tasks within the Housing Rehabilitation Loan Program. Contractors on our list should be licensed, fused and registered aided by the continuing State of Oregon Construction Contractors Board and possess experience in housing rehabilitation.
We try not to suggest or endorse any contractors. Contractors from the HUD debarred list are not qualified to use.
If you’re enthusiastic about working together with our system, please finish the specialist information application and return to the workplace. Please include copies of your CCB registration, insurance coverage certificates and certifications of particular trades, including asbestos or lead-based paint.
Applications and supporting documents may be mailed to: Clackamas County Community Development, 2051 Kaen Rd., STE 245, Oregon City, Oregon 97045; Faxed to 503-655-8563; or emailed.
When you have any concerns or require extra information, you may possibly phone County Rehab professionals, Jayson Tidland or Mike Woolman at 503-655-8591.
- Applicant must obtain or be purchasing property and needs to be in name
- Owner must are now living in home
- Home fees should be current
- Applicant should have equity that is sufficient
- Loans for external repairs need that the outside of domiciles be brought as much as HUD’s Housing Quality Standards (HQS) and Clackamas County’s minimal rehab standards.
- Loans for a purpose that is single limited by one wellness or security product just.
- All work needs to be done by Oregon-licensed and bonded contractors.
- Manufactured domiciles in areas try not to be eligible for a loan. (OK for an Accessibility Grant. )
