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Redwood City Home Improvement Loan Program
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.Location
Public Transit:
SAMTRANS and CALTRAIN stop within 1 block.
1017 Middlefield Road, Redwood City, CA 94063
37.48531699999999
-122.227276
Other
Service Options
Languages Spoken:
- Spanish
Accessibility Options:
- Wheelchair
Services
Fees:
No application fee. Escrow fees are paid from loan funds.Audience:
Households earning 80% or less of area median incomeEligibility:
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.Service Areas:
- Redwood City