Description:Provides loans for home improvement to owners who meet income qualification and landlords whose tenants meet income criteria. Loans are 3% interest with 15-year terms. Maximum loan is $65,000 for a single family unit, and $30,000/unit for multi-family building. A supplemental grant in conjunction with rehabilitation loan to owner-occupied unit for testing and removal of lead-based paint hazards.
Public Transit:SAMTRANS and CALTRAIN stop within 1 block.
1017 Middlefield Road, Redwood City, CA 94063 37.485317 -122.227276 Other
Fees:No application fee. Escrow fees are paid from loan funds.
Audience:Households earning 80% or less of area median income
Eligibility:Low-income homeowners in Redwood City, or investor-owners with 51% of units occupied by low-income persons (earning no more than 80% of area merdian income)
How to Apply:Call, email or come by to request an application.
Service Wait Estimate:Loan applications are approved once a month.
- Redwood City